Beautiful Sports Bar And Restaurant
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $562000
Net Profit / Cash Flow $107500
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 Very attractive Bar & Restaurant in Norfolk County. This is a beautifully built out Bar & Restaurant in brand-new condition. It is located in a high traffic plaza with desirable demographics. Sales are growing and there is a ton of upside potential for an experienced Operator. The current Seller's Discretionary Income is $107,500. They are selling due to divorce. There is a ton of value here for someone who knows the business.
Location: Excellent Plaza site in a high traffic area with very desirable demographics
Facility: The facility and equipment are like brand-new. It is 2,000 square feet with a75 person capacity
Licenses: Full Liquor & Entertainment Licenses
Parking: Plenty of Plaza Parking
Lease term: Five (5) years remaining on the current lease with five one (1) year options available
Base rent: $2,200 per month (includes the triple nets and Condo fees)
Concept: Full Service Bar & Restaurant
Seating: The posted capacity is 75 persons but that can be increased
Hours: Open from 11:30 AM - 1:00 AM
Sales: Approximately $562,000 per year and growing
Cash flow: Seller's Discretionary Earnings are approximately $107,500 per year
Asking price: $147,000 (For the Business)
Click Here To Contact Seller
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