1006 Back River Neck Rd, ESSEX

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, October 24th & ends Tuesday, October 29th, 2024 at 11:00am. Restaurant, Bar, and Package Goods Opportunity. You will be purchasing the real estate, business, liquor license and all furniture, fixtures and equipment. Current gross sales are in excess of $1.2 million. This versatile 4,600 square-foot building sits on a level 1.77-acre lot, offering ample room for expansion. The property features a fenced yard and a pavilion perfect for outdoor events and gatherings. Built-in sound system can play jukebox or TVs. The property's current setup includes a fully equipped kitchen, seating for 134 patrons, a large bar, and a designated package goods area. Additional revenue is generated from the Pit Beef Stand, Tuesday Cruise Nights, and Snowball Stand. This property presents a fantastic opportunity for a savvy entrepreneur looking to establish a thriving restaurant, bar, and package goods business in a prime location. Full Renovation Recently Completed Includes the Following:
New Everything: New point of sale system for the bar/restaurant and stand. New windows, roof, siding, blacktop parking lot, bathrooms, plumbing, saitary piping, new heating and cooling (2) 3.5 ton mini splits, 8 ton roof top unit w/2 stage cooling, new compressors, outside deck, 4 new outside tiki's, 2 on table side and 2 on pit beef side. There is also a new security system that monitors the entire property. Key Features
• 4,600 square-foot building • 1.77-acre lot • Fenced yard and pavilion • Parking for 100 +/- vehicles
• Class D On and Off License • Crab steaming station • Fully equipped kitchen • Seating for 133, Also Additional Outdoor Seating • Large bar • Designated package goods area • Snowball Stand • Sea Container for outdoor storage • Outdoor grills • (15) Outdoor tables. Note: Converted the old crab eating room into a pit beef stand. This bar will continue to operate until the day it settles. Inventory will continue to be purchased until that date. All inventory will need to be purchased separately. Crab steaming equipment is in place including exhaust hood. Presently chose not to sell crabs. Snowball stand must be purchased separately for 10K. Exclusions: 1. Bus converted to out door stage – bus can be purchased separately 2. (3) personal photos on walls.

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