Roadhouse Restaurant For Sale
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $1800000
Net Profit / Cash Flow $268000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Owner relocating
Description Recently renovated restaurant and sports bars on 4.5 acres, this ''Roadhouse'' fully licensed bar caters to locals and is especially popular due its motorcycle showcases and bike runs. The seller put in over $800,000 of improvements in 2010 to the bar, restaurant and amazing 250 seat patio. 70%/30% liquor/food ratio! In addition the site has been approved for construction of up to 14,400 square feet of self-storage with an additional 15,000 possible. The site is already cleared, graded and permitted. Natural clientele would include the many motorcylists who wish to keep their vehicles in a climate controlled environment. Owner willing to sell real estate and take back lease on the restaurant at $8,000/mo. Real estate available separately.
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