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Restaurant Lounge & Real Estate For Sale
Location: United States -> Massachusetts -> Middlesex County
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

HAVE IT ALL ! First Time REAL ESTATE is on the Market!

NEW: FREE STANDING Real Estate for sale! & Business
Full Liquor License 2.5 acres Land
Perfect spot for an IRISH Pub, BURGER Lounge, SEAFOOD Tavern!
TYPE OF BUSINESS RESTAURANT/BAR/Entertainment Tremendous Growth Potential Location PRIME AREA, Major Road North of Boston, High Traffic Count
SELLING PRICE $1.5M Owner will hold the mortgage with 20% down. Business $200K w/ option!
SALES VOLUME
Business is only open 2 days a week to pay bills until it is sold. $10K/wk. w/85% from LIQUOR sales
HOURS OF OPERATION
FRIDAY and SATURDAY; Sales based on 2 nights.
A motivated, involved owner could open 5, 6 or 7 nights and INCREASE PROFIT further by opening more days for LUNCH.....or BRUNCH!
SQUARE FOOTAGE 5000 sq. feet 2 separate rooms w/bars, Fireplace
SEATING 300 seats

COMMENTS
Buyer must be QUALIFIED- Serious, Financially able and experienced!
Sprinkled, spacious, and up to code in all areas! Large parking lot on 2.5 acres.Reason for Selling : Successful , Absentee Owner in need of consolidating properties & freeing up time!

Next Door-New Luxury Condos and Hotels Going up-Built in clientele!
DA/Confidentiality Required !

Please email or call Marie at Marie 978-902-0350.

Subject to errors, omissions, prior sale or withdrawal from the market...all without notice.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $500,000
Cash Flow:   $250,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  As needed

Photos

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Restaurant Lounge & Real Estate For Sale Photo 1




Print Listing Id: 700219681
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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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