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Restaurant & Function Facility
Location: United States -> Massachusetts
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Excellent opportunity for this long established and hugely successful restaurant and function facility in a great location west of Boston. The facility is in excellent condition and has been completely renovated. The function room can accommodate up to 200 guests. There are multiple dining areas and a beautiful bar, as well as an outdoor patio for warm weather dining. The restaurant has a great reputation for its outstanding food and service. Sales are in the $3 million plus range. Perfect opportunity for a seasoned operator looking for a solid business with big upside potential or for someone looking to expand their brand into this area. The sellers respectfully request buyers show proof of funds before the business is presented to them. This is a must see!

PARKING: Plenty of Private Parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
FACILITY: Excellent freestanding structure housing a renovated restaurant and function facility.
LEASE TERM: Owner will negotiate a long-term lease.
BASE RENT: Negotiable
CONCEPT: Family Restaurant and Function Facility
SEATING: 500 seats
SIZE: 13,800 square feet
HOURS: Open Wednesday - Sunday
LICENSES: Full Liquor and Entertainment Licenses
SALES: $3,000,000 per year
CASH FLOW: $433,000 per year
ASKING PRICE: $1,099,000 (For The Business - Real Estate Also Available)


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $3,000,000
Cash Flow:   $433,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1997
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Lease

Photos

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Restaurant & Function Facility Photo 1




Print Listing Id: 700279599
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

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



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