Business Description Prime Cape Cod location with excellent foot traffic and abundant direct access parking. Inviting 2200 sq. ft. dining area with seating for 110, a full-service bar and private function room. Well established loyal year around clientele. Friendly relaxing atmosphere. Award winning restaurant voted best seafood five years running, with top Zagat rating. Featuring locally sourced seafood, shellfish, produce & meats and complimented by an extensive wine list. Consistent revenue of $1.6M +! Favorable long-term lease, and seller will train and assist with transition with sale. Detailed Information Location: Barnstable County, MA Inventory: Not included in asking price Real Estate: Leased Building SF: 2,450 Lease Expiration: $5800/mo Employees: 22 Furniture, Fixtures, & Equipment (FF&E): Included in asking price Facilities: Inviting 2,200 SF ground floor space with 250 SF private function room that seats … [Read more...]
Effectively Utilizing Confidentiality Agreements
Every year countless great deals, deals that would have otherwise gone through, are undone due to a failure to properly utilize and follow confidentiality agreements. A failure to adhere to this essential contract can lead to a myriad of problems. These issues range from employees discovering that a business is going to be sold and quitting to key customers learning of the potential sale and taking their business elsewhere. Needless to say, issues such as these can stand in the way of a sale successfully going through. Maintaining confidentiality throughout the sales process is of paramount importance. Utilizing a confidentiality agreement, often referred to as a non-disclosure agreement, is a common practice and one that you should fully embrace. There are many and diverse benefits to working with a business broker; one of those benefits is that business brokers know how to properly use confidentiality agreements and what should be contained within them. By using a … [Read more...]
The Variety of Variables Involved in Selling Your Business
Selling a business is more than a big decision, as it is also quite complex. Finding the right buyer for a business is at the heart of the matter. In the recent Forbes article, “Ready to Sell Your Business? Follow These 3 Tips to Find the Best Buyer,” author Serenity Gibbons outlines that selling a business is a multifaceted process with a lot of moving parts. A central variable for those looking to sell a business is to have a coherent and well thought out exit strategy in place. She points out that at the top of your to-do list should be selling your business the right way, and that means having a great exit strategy in place. In fact, many experts feel that you should have an exit strategy in place even when you first open your business. Another key variable to keep in mind is that, according to Gibbons, only an estimated 20% to 30% of businesses on the market actually find buyers. This important fact means that business owners, who usually have a large percentage of their … [Read more...]
Cape Cod Historic Full Service Restaurant & Bar
Barnstable, MA - A household name for decades! This restaurant & tavern business thrives in one of the most scenic areas of Cape Cod. Boasting an outdoor patio for 40+ patrons and seating inside for over 100. The old world charm and classic New England fare make this a local and tourist favorite. Three year average revenue north of $1.1M ! Tremendous growth potential. Seller will assist in orientation and training in conjunction with sale. Strong staff in place. Seller financing negotiable. Asking $175,000 email info@tbxllc.com for non disclosure agreement (NDA) and details … [Read more...]
Retail Boat Distribution Company
Massachusetts - This company specializes in the design and distribution of two specific "downeast" style boats. With two unique models to their brand this company is primed for growth. Established as a "hobby business" ownership seeks to divest to someone who can continue to grow and improve the brand. Through marketing and dedicated business development the potential is unlimited. Two proprietary boat molds are included with the sale. Boats are built over seas and seller will assist in transitioning all outside building relationships to a new owner. Boat building experience is NOT required. Seller financing available. Asking $99,000 + INVENTORY email Adam Bauer at abauer@tbxllc.com … [Read more...]
Two Well Appointed Mashpee Commercial Condos “Madaket Place”
766 Falmouth Rd. Unit #4 Mashpee, MA - Class A 3,000 SF (incl basement GLA) commercial condo with meticulous build-out featuring custom word working throughout the unit. Raised panel cherry wanscoting throughout the unit, multiple cherry built-in book cases, custom trim, custom desks. Floor plan is ideal for business with multiple executives, ie: CPA, Law Office, financial services etc... 2015 Taxes: $2,954 Asking $125 PSF/ $350,000 This unit is also available to lease for $15 PSF NNN 766 Falmouth Rd. Unit #3 Mashpee, MA Completely remodeled new paint and new carpets ready for your business! Featuring lower level additional square footage for storage (not included in the 2,075 SF ), 2 private upstairs offices with conference room and 3 private offices on the first floor with open reception area. Ideal for many types of businesses. Asking $325,000 Executive office suites also available for lease starting at just $350 per month! … [Read more...]