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Grille And Pub Opportunity
Location: United States -> Massachusetts -> Methuen
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Asking Price: $225,000
FF&E: $600,000
Seating: 170+
Licenses: Common Victualler
Full Liquor and Entertainment
Facilities: Free standing building consisting of 4,000 Square Feet (approximately), plus basement. Beautiful deck abuts the water. Ample parking lot.
Lease: $7,000 Monthly Rent, NNN. Two 5-year options to extend, beginning in 2016.

Summary Description:
This is the former site of the Waterside Tap and Grille (now closed), located in Methuen (on heavily trafficked Route 110). The free-standing building, which features abundant parking, offers spectacular panoramic views of the Merrimack River. Historical annual sales of $1,200,000 at this location.

The build-out and design work are top notch throughout. The kitchen and equipment are first class.

The sale includes the full pouring liquor and entertainment licenses. The facility will accommodate various types of entertainment, including live music.

This is a great opportunity to open your concept in a newly renovated, turn-key facility for far less than the cost of the build-out and licenses. Only minimal effort involved to convert to a pub, sports bar, Irish pub, casual dining, ethnic or just about any concept.

Contact Information

Wayne S. Michals
Tel: 866.970.7050, Ext. 100
Fax: 617.273.2620


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease




Print Listing Id: 700209062
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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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