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Restaurant/Arcade w/RE - Martha's Vineyard

Oak Bluffs, MA, Massachusetts (Dukes County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $3,700,000 Inventory $40,000* 
Gross Income $1,887,661 Real Estate $3,300,000* 
Cash Flow Not Disclosed Year Established N/A
FF&E $120,000* Employees 20-40

* included in the asking price

** not included in the asking price

A favorite destination on one of the busiest streets in Martha's Vineyard. The Restaurant serves a full menu including burgers, seafood, steak and sushi as well as having a full liquor license. Seats 175 (occupancy 250). Bar with 22 seats, 15 wide screen TVs. Nightly entertainment. The arcade has over 75 games and is the top family destination on the island next to the Carousel Flying Horses. Excellent Real Estate investment with revenue streams from both businesses.

Facilities: 11,062 sq/ft building which is divided into two separate businesses. The Restaurant and kitchen with 2 walk-in coolers and 2 walk-in freezers and ANSUL System occupies approximately 4,600 sq/ft. The Arcade has 75 games and is also permitted for 480 occupancy on two levels. Plenty of office and storage space available.

Competition: Location is on busiest street in Martha's Vineyard close to the ferry docks, beaches, parks, shopping, hotels etc.

Growth/Expansion: The "Arcade" piece of the Real Estate is 4,000 sq/ft and permitted for 480 occupancy with full liquor license on two levels, so it could be utilized as a night club.

Support/Training: As needed for a smooth transition.

Reason Selling: Retirement

Business For Sale By

Kevin Nery

508-990-9800

Coastal Business Brokers

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