Current Use by Public Records
- Retail properties & Spaces
Property Details for 000 Earnings
- Year built
- 2016
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional restaurant opportunity is located in Southwick, Massachusetts, just 20 minutes from Springfield. Boasting 1,500 square feet of space, this established business has generated approximately $372,000 in annual revenue, resulting in owner earnings of around $60,000. The current lease, with nine years remaining (including options to renew), offers incredible value at only $1200 per month. The restaurant features a diverse menu including wings, pizza, sandwiches, salads, and ice cream, catering to a broad customer base. Its prime lakeside location provides a unique atmosphere, enhanced by outdoor patio seating for up to 40 guests and a dock. The well-equipped kitchen includes two pizza ovens, two fryers, two smokers, a walk-in cooler and freezer, and more. The business benefits from a strong team of eight employees and verifiable financial records, making it an attractive prospect for SBA lending or potential owner financing. This turnkey operation presents a rare chance to own a profitable, established restaurant with significant upside potential in a desirable location. The current owner is selling for personal reasons, leaving a fantastic opportunity for a new owner-operator to step in and capitalize on the existing success. The restaurant is open and operating, and has been in the same location for over seven years.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Southwick
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -72.7925
- Latitude
- 42.0509
