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

Restaurant And Bar

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $1100000
Net Profit / Cash Flow  $1100000
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  Established and Successful Restaurant & Bar concept located in the Brighton area of Boston. This is a strong site that has been recently renovated. The Sales are currently $20,000 per week. This is an excellent conversion opportunity the current Operator has multiple locations and is running this absentee as a result. An actively participating Operator could grow sales and the bottom line dramatically. Location: Strong site in a high traffic area with very desirable demographics Facility: The space is approximately 3,000 square feet with a full basement and 100 person seating capacity plus outdoor patio seating. Licenses: Beer & Wine License (They are adding a cordials license.) Parking: Adjacent lots and on street parking (Valet service) Lease term: Four (4) years remaining on the current lease with one five (5) year option available Base rent: $6,500 per month (triple nets are $2,000 per month) Concept: Full Service Restaurant & Bar Seating: There is seating for 100 patrons inside plus outdoor seating Hours: Open from 11:00 AM - 11:00 PM Sales: Approximately $20,000 per week or ($1,100,000 annualized) Asking price: $210,000 (For the Business Assets)
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