South Shore Iconic Oceanfront Seasonal Seafood Restaurant with RE - Corbett Business Sales & Acquisitions
Norfolk County

South Shore Iconic Oceanfront Seasonal Seafood Restaurant with RE

Offered At
$ 2,200,000.00


Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
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Year Established
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Includes REA
Lease SF
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Real Estate Description
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Reason For Selling
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Established 60-year oceanfront seafood restaurant with patio and adjacent take-out restaurant. Excellent real estate opportunity to own a south shore landmark! This successful restaurant is well-known in the area as the go-to place for seafood and other selections. The popular outside patio adds to comfortable outside dining. Next door you can operate a 600 sq ft walk-up business that sells popular grab and go beach fare. Talk about owning best of both worlds!

Patrons have been asking current owner to operate year-round versus 8 months; something he was considering, but decided to sell instead. Currently beer and wine are offered, but a full liquor license would enhance the concept – a liquor license is available.

A dense community- population of 125k plus adjoining community of an additional 400k, support this restaurant. It has been many years since this restaurant has changed hands, but now it is time for the owner to retire.

Real estate on the water is extremely rare. Call for full details!

Parking: Ample adjacent parking along sea wall
Seating: 90 seats inside, 70 seats outside
Size: Restaurant 2959 sq ft; lot is 11,500 sq ft. The business next-door is 600 sq ft.
Hours: Open daily 8 months/year
Licenses: CV, Beer & Wine License – Liquor License is available
Sales: $2.1 million per year for both businesses
Concept: Seafood Restaurant
Asking Price: $2.2m For the Business & Real Estate and Adjacent Business

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