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Restaurant And Pub Opportunity
Location: United States -> Massachusetts -> Middlesex County
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Financial Information
Asking Price: $649,000
Cash Flow: $355,000
Gross Income: $1,900,000
Furniture, Fixtures & Equipment: $625,000
Inventory: $25,000 (not included in the sale)

Summary Description
Highly profitable neighborhood restaurant and pub located in a desirable community North of Boston. The Restaurant is prominently located on a busy, main street.

The build-out and equipment are top notch, making this Restaurant a turn key opportunity for the right buyer. The Restaurant features large HD televisions and stunning pub décor. The menu is American and pub fare.

The Restaurant has a full liquor and entertainment licenses. Liquor accounts for approximately 50-52% of the gross sales. The Restaurant serves a full lunch and dinner menu seven (7) days a week. There is entertainment on various days of the week, including live music.

The Seller’s Discretionary Earnings would support a full time manager. Sales information may be verified by filed tax returns.

Contact Information
Wayne S. Michals
Tel: 866-970-7050, Ext. 100
Fax: 617-273-2620


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,900,000
Cash Flow:   $355,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The Seller will provide a two week transition period for a buyer.
Reason For Selling:  The Seller is moving into other business ventures.




Print Listing Id: 700209060
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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