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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

Profitable Restaurant With Real Estate

Location  Massachusetts,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $700000
Net Profit / Cash Flow  $160000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1990
Number of Employees  10 - 19
Inventory  160000
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  Training will be provided.
Reason for Sale  Seller want to free up cash for another venture.
Description  This is a great opportunity to acquire a profitable business with Real Estate at a great price. The restaurant for sale has a 15 plus year history of success and has been run absentee. They are selling to free up capital for another venture. The management team and employees are willing to stay on; this is a truly turnkey opportunity that will be profitable day one. FACILITY: This is a 2,800 square foot facility with a bar/lounge area with a separate dining room. There is a finished basement with walk-in, storage and office. CONDITION: The building and restaurant are in good condition PARKING: Private lot with plenty of parking EQUIPMENT: The equipment has been well maintained and is of good quality. CONCEPT: Mexican Restaurant and Lounge SEATING: 90 seats (Capacity approximately 116) HOURS: 11:30AM -11:30 PM Tuesday-Sunday LICENSES: Full Liquor & C.V. SALES: Approximately $700,000 per year CASH FLOW: Approximately $160,000 per year REAL ESTATE: .92 Acres zoned commercial Recently appraised for $875,000 AKING PRICE: $1,070,000 the Business & Real Estate
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