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

American Tavern & Sports Bar

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $405000
Net Profit / Cash Flow  $105000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  6 - 9
Inventory  10000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Training will be provided.
Reason for Sale  Other interests.
Description  This classic American Tavern and Sports Bar for sale, located in Essex County offers delicious casual dining combined with a fun and friendly atmosphere. The facility has been completely renovated recently and is ideal for watching sports and enjoying live entertainment. New ownership could grow Sales by being more involved and by expanding the hours of operation. This is a turn-key opportunity and financing is available. FACILITY: This is a stand-alone building, the space is approximately 2,000 square feet; the facility has a functional layout and has been completely remodeled recently. There is seating for 96 persons and there is a full basement. CONDITION: The building and tavern is in very good condition. PARKING: There are 40 spaces plus on street parking EQUIPMENT: The equipment is new and is of good quality. LEASE TERM: Two (2) year lease with a Five (5) year option available. BASE RENT: $2,600 per month NNN CONCEPT: Tavern & Sports Bar SEATING: 96 seats HOURS: 4:00 PM -12:00 PM (Can be open for lunch and until 2:00 AM on weekends) LICENSES: Full Liquor & Entertainment Licenses, Keno SALES: Approximately $400,000 per year (55% alcohol) CASH FLOW: Adjusted cash flow $105,000 per year PRICE: $225,000 (Financing Available)
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