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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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

Prime Bar & Restaurant

Location  Massachusetts,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1592000
Net Profit / Cash Flow  $0
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  Prime Bar & Restaurant with A+ Location in Boston. This facility has everything an Operator needs to succeed. This is a great lease with a lease rate significantly below the market bringing a lot of intrinsic value. The current concept has enjoyed success for many years and the site has some of the best activity generators in the City. There is a strong demand for lunch, dinner and late night business in this very rare site. PARKING: On street and public and private lots EQUIPMENT: The equipment is in good condition and has been well maintained and is of good quality. LEASE TERM: 10 Year lease BASE RENT: $13,000 per month (triple nets = $3,000 per month) SEATING: Capacity of 400 persons SIZE: 7,500 square feet on three levels HOURS: Open from 11:00 AM - 2:00 AM LICENSES: Full Liquor & Entertainment (2:00 AM) SALES: Average Sales of $1,592,000 (85% Alcohol) ASKING PRICE: $900,000 (For the Business)
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