Complex Business With Sports Bar, Health Club, Pool For Sale
Location Massachusetts,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $1668000
Net Profit / Cash Flow $453000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 20 - 34
Inventory 500000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training 30 - 60 days if needed
Reason for Sale Building passive real estate projects
Description 3 distinct businesses, Sports bar has very little competition, health club had revenues drop slightly even with 2 new clubs in the market, and a seasonal pool club that has revenues increasing by over 50%. Overall revenues and profits are up year to date. Total Gross is $1,668,000.00 Cash Flow is $453,000.00 Asking Price including over 12 acres of prime real estate is $3.5MM, along with a full liquor license, all the FF&E, and inventory.
The businesses and property are in excellent condition with very little hands on from the owner. There is a tremendous opportunity for the businesses to grow, and to develop the additional portion of the real estate. All prospective buyers will need to sign a Non Disclosure Agreement. I can be reached at 508-509-5340.
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