Two Profitable Waterfront Restaurants
Spectacular opportunity to acquire two profitable waterfront restaurants in a premier marina environment. The businesses operate under two distinct concepts: one year-round restaurant and one seasonal operation. The marina currently supports approximately 300 slips, with an additional 100 slips planned for 2027, bringing the total to 400. The restaurants are strongly supported by boat owners and the general public, with nearby apartment complexes further driving consistent traffic. The clientele includes boat owners from Massachusetts, Rhode Island, and Connecticut - an affluent customer base known for strong discretionary spending. Both restaurants offer incredible water views, highlighted by exceptional sunset dining experiences. Ownership is seeking an experienced seasonal operator or hospitality group capable of maximizing growth potential.
Property Details
- Listing Price
- $3,900,000
- Listing Price (Additional Notes)
- Asking Price is for the Two Businesses
- Type
- Full Service
- Concept
- Fine Dining, Casual Dining, Bar/Pub, Wine Bar
- Sales
- $4,500,000
- Sales (Additional Notes)
- Restaurant #1: Projected $2.5M; Restaurant #2: $2M (2025 season) Alcohol sales~50%
- Cash Flow
- $750,000
- Cash Flow (Additional Notes)
- Approx. $750,000 annually (combined)
- Location
- South of Boston
- State
- Massachusetts
- County
- Bristol County
- Square Footage (Additional Notes)
- Restaurant #1: 3,800 SF; Restaurant #2: 5,000 SF
- Seating (Additional Notes)
- Restaurant #1: 100 total (21 bar / 79 dining); Restaurant #2: 266 total (42 bar / 224 dining, patio & lawn)
- Parking
- LotOn-Site
- Base Rent (Additional Notes)
- To be negotiated
- Lease Terms
- To be negotiated
- Includes Real Estate
- No
- Liquor License
- Yes
- Licenses
- Full Liquor License with Entertainment
- Hours
- One location open year-round, the other is open seasonally
