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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   >>   

Restaurant & Lounge South Shore

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $312000
Net Profit / Cash Flow  $48000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2009
Number of Employees  6 - 9
Inventory  80000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Training will be provided.
Reason for Sale  Family matters.
Description  This offers a new buyer a truly turn-key opportunity. The owners are selling due to family reasons and have priced this to move quickly. The operators recently added the Liquor & Entertainment licenses in October. This business has 3 separate revenue streams. It currently operates as a restaurant and lounge and is open for breakfast and brunch on the weekends. This is a great opportunity to take an established business to the next level. FACILITY: This store front facility is approximately 2,600 square feet plus a full basement. The space consists of a Lounge/ Bar area with street side seating. A large dining area and well appointed kitchen. CONDITION: The restaurant and lounge for sale are in good condition PARKING: Free on street parking and public parking lot CONCEPT: Restaurant & Lounge SEATING: There is seating for approximately 80 persons SIZE: 2,600 square feet plus a full basement LICENSES: Full Liquor, Full Entertainment, 1:00 AM RENT: $2,500 per month (which includes the triple net's) LEASE: A new lease with options is available SALES: Approximately $6,000 per week (40% Alcohol to 60% Food ratio) CASH FLOW: Approximately $4,000 per month (they just added the alcohol in October) ASKING PRICE: $125,000 for the business For More information please email or call Corbett Restaurant Group 617-948-3394
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