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Profitable Sports Bar With Live Entertainment
Location: United States -> Massachusetts
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Profitable Sports Bar with Live Entertainment priced to move. The business has enjoyed success for years and is in turn-key condition. Sales and profitability are strong, they both good be increased with an Operator who is on premises. They current owner has multiple units in Boston and does not have time for this location any longer. The Seller is motivated and wants to see offers!

FACILITY: The facility is in good condition with a functional layout for
Sports Bar with Live Entertainment

PARKING: Plenty of Parking

EQUIPMENT: The equipment is of good quality and has been well
maintained

LEASE TERM: 4 years remaining at $10,000/month, and option of 6
more years at $11,000/month

BASE RENT: $10,000 per month NNN (triple nets = $1,000 per month)

CONCEPT: Asian themed Sports Bar with Live Entertainment

SIZE: 8,000+ square feet (plus full basement)

SEATS: Capacity of 262 persons

LICENSES: Full Liquor & Entertainment, Keno & Lottery

SALES: Average $1,500,000 per year

CASH FLOW: Average $150,000 per year

ASKING PRICE: $210,000 (for the Business)


Financials

Asking Price Range:  < $250K
Gross Revenues:   $1,500,000
Cash Flow:   $150,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

Photos

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Profitable Sports Bar With Live Entertainment Photo 1




Print Listing Id: 700218269
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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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