Catylist ID:
#30565824
| Catylist Listing ID: | 30565824 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 3,500 SF |
| Sale Price: | $295,000 |
| Name of Establishment: | Westerly (Rocky Point) Shore Dinner Hall |
| Business Website Address: | http://www.theshoredinnerhall.com/ |
| Year Business Established: | 2016 |
| Gross Revenue: | $1,600,000 (Annual) |
| Cash Flow: | $0 (Annual) |
| Sale Terms: | Cash to Seller |
| Last Updated: | 2/2/2020 |
Overview / Comments
|
Fantastic Business Opportunity ! This Place Rocks !! Seasonal Business April - Oct, new owner can adjust. PRIME LOCATION, 1/4 mi south of Dunnes Corner on Rt 1. Offering variety of seafood, raw bar, ice cream, Seats 50 inside, over 200 outside in a fun Rocky Point Amusement Park theme. Featuring Live Music, Cruise Nites and other fun events. Next to Ocean State Liquors ~ easy BYOB. Long term lease at competitive rate, possible option to buy real estate. Turn-key ~ all Furniture, Fixtures, & Equipment in place along with recipes and vendors. This is a goldmine with sales as high as $1.6 mil., and room for more ! Strong Social Media program in Place Facebook with over 8000 followers: https://www.facebook.com/clamcakes/ Website: http://www.theshoredinnerhall.com/index.html DO IT NOW ! time before season 2020 opens! |
Additional Details
| Nearest MSA: | Providence-Warwick |
| County: | Washington |
| Industry Segment: | Other Food and Beverage |
| Reason for Selling: | Other business interests |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $250,000 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | NNN lease, at $4500 mo with escalators. |
| Mgmt/Training Support Description: | Owners have dialed in a great menu; will provide along with recipes, vendors, and will help train. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,226 | 19,966 | 34,618 |
| Median Age: | 46.94 | 44.67 | 43.71 |
| Households: | 1,784 | 8,547 | 14,593 |
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