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

Bar & Grill For Sale

Location  Massachusetts,United States
Asking Price Range  $250K - $500K
Gross Revenues  $520000
Net Profit / Cash Flow  $93600
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2007
Number of Employees  6 - 9
Inventory  $10,000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Training will be provided.
Reason for Sale  Other interests.
Description  Sports Bar & Grill with Full Liquor & Live Music. This Bar has great visibility and is surrounded by strong activity generators. The facility has been recently renovated and is in very good condition. Sales have grown steadily over the last three years and with a 60% alcohol to food ratio it is a very desirable business to run. It currently has a Cash flow of $93,600 but Sales and profitability could be grown significantly with an experienced Operator that is actively involved in the business. FACILITY: This is a 2,400 square foot facility with a full basement. CONDITION: The Bar & Restaurant are in very good condition. PARKING: Municipal parking lot and on street parking. EQUIPMENT: The equipment is in good working order. LEASE TERM: Two (2) year lease with one additional Five (5) option. BASE RENT: $4,194 per month (CAM: $416/mo. R.E. Taxes: $116/mo. Are additional) CONCEPT: Sports Bar & Grill with Live Music SEATING: 85 seats HOURS: 11:30 AM - 1:00 AM LICENSES: Full Liquor License with Live music CABARET/LIVE/DJ SALES: Approximately $520,000 per year CASH FLOW: Approximately $93,600 per year PRICE: $345,000 (Financing Available) Email or contact Corbett Restaurant Group at 617-948-3394 for more information on this Bar & Grill for sale.
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