Grille And Pub Opportunity

Listing ID: 700209062

Listing Title: Grille And Pub Opportunity

Quick Link:

Industry: Bars and Nightclubs

Industry Segment: Bars and Pubs

Country: United States

State / Province: Massachusetts


City: Methuen

Asking Price Range: < $250K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2012

Number of Employees: 1 - 3

Business Description:
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

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