High Volume Martha’s Vineyard Gastropub

Martha’s Vineyard, MA – A unique and proven Gastropub concept on the island since 2014 with loyal following, and lines out the door during the summer months.
Warm and inviting pub feel spread over two floors with full bars central to each, and a separate Pizza bar on the 2nd floor. Totally renovated in 2014. Classic interior finishes with wrought iron rails, hardwood floors, dark and light shaded wood bar, tables, ceiling beams, booths, chairs. glass fixtures, brick column supports, and tons of natural light.
The menu is broad enough to satisfy all tourist and local families’ desires from Burgers and Triple Mac & Cheese to more upscale Pan Seared Diver Scallops and fresh local grilled Swordfish steaks. A customer facing Brick oven pizza bar serves a variety of pizzas and wings. Aside from creative island cocktails the restaurant offers and extensive wine collection and huge selection of bottled and draught beers. Great 60/40 food to beverage sales mix

Asking Price:$359,000

Cash Flow:$190,500

Gross Revenue:$1,840,000

FF&E:$150,000

Inventory:$25,000*

Rent:$18,166.67 per Month

Established:2014


Detailed Information

Location:
Martha’s Vineyard, MA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4738 SF (Basement 822 SF, 1st Floor 1,958 SF, and 2nd Floor 1,958 SF
Competition:
Other competitors but very strong following
Growth & Expansion:
Grow lunch business
Support & Training:
Available with sale
Reason for Selling:
Other Business Ventures

Contact John Nessel at jnessel@tbxllc.com for additional information