Rare Gem on Nantucket

Rare Gem on Nantucket.  This is an award-winning concept with an annual Cash Flow of $941,000.  Prestigious location, long term below-market lease. This location has two floors of dining plus patio seating. Employee housing is also available consisting of seven bedrooms, and 3 bathrooms!! These types of opportunities do not present themselves often!

Location: Nantucket
State: Massachusetts
County: Nantucket County
Parking: Street parking
Lease Terms: 2 years remaining with three (3) five-year options
Base Rent: $168,000/year NNN
Seating: 136 total – 85 between 2 floors, 51 on patio
Hours: Open 6 days/week for dinner
Size: 4,703 sq. ft. total: basement (1161 sq.ft.), two floors (1421 & 1161 sq.ft.) & patio (980 sq.ft.)
Concept: American Restaurant
Asking Price: $980,000 (For the Business)
Cash Flow: $941,850 per year
Sales: Over $3 million
Licenses: Full Liquor License
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