Restaurant & Function Facility

www.GlobalBX.com

Listing ID: 700279599

Listing Title: Restaurant & Function Facility

Quick Link: http://www.globalbx.com/listing.asp?bId=279599

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Massachusetts

Area

City:

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $3,000,000

Cash Flow: $433,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1997

Number of Employees: 10 - 19

Business Description:
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)



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