Bar & Restaurant For Lease / Sale
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $2000000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Top-notch Bar & Restaurant for lease in the Metro-west area. This stylishly built-out and very well equipped facility is a very rare opportunity. The Site enjoys outdoor seating and great parking. At close to $2,000,000 in annual Sales the current concept is not reaching the potential of the facility. The landlord is looking for a good tenant and concept for the space. He is asking for a small amount of key money for the more than $1,000,000 recently spent on FF&E and improvements for the space. This key money can be negotiated in connection with the lease. This turn-key opportunity that can be picked up and converted at a fraction of what it cost to open.
PARKING: Plenty of private dedicated parking
EQUIPMENT: The equipment is in like new condition and has been well maintained and is of good quality.
LEASE TERM: Five (5) year lease with 1 Five (5) year option
BASE RENT: $10,000+/- per month NNN
CONCEPT: Bar & Restaurant
SEATING: Seating for 168 patrons (total capacity could be increased)
SIZE: 6,500 square feet
HOURS: Currently open from 4:30 PM - 10:00 PM (Can be open much
longer hours)
LICENSES: Full Liquor & Entertainment (2:00 AM)
SALES: Approximately $2,000,000 currently
KEY MONEY: $350,000+/- depending on the lease terms (For the Business Assets)
Click Here To Contact Seller
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