Sports Bar With Full Entertainment And Live Music
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $772000
Net Profit / Cash Flow $75000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 10 - 19
Inventory 10000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Training will be provided.
Reason for Sale Partner dispute.
Description Sports Bar & Nightclub for sale with Full Liquor & Entertainment Licenses. This large facility has a seating capacity of 200 with a large bar Live Music stage and separate function room. Activity generators include Live Music, Cover Bands, Keno, Lottery, Karaoke, Free Pool and Darts. With an 85% alcohol to 15% food ratio it is a very easy business to run. Sales and profitability could be grown dramatically with an experienced Operator.
FACILITY: This is a 6,200 square foot facility with two bars a large kitchen and separate function room.
CONDITION: The building and restaurant are in good condition.
PARKING: Private lot with plenty of parking
LEASE TERM: Three (3) year lease with two Five (5) options.
BASE RENT: $6,000 NNN per month
CONCEPT: American Bar & Grill with Live Music
SEATING: 200 seats
HOURS: 11:30 AM - 1:00 AM
LICENSES: Full Liquor License & Full Entertainment License with Live music
SALES: Approximately $772,000 per year
CASH FLOW: Approximately $75,000 per year
PRICE: $299,000
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