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

Restaurant & Bar With Functions

Location  Massachusetts,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $48000
Net Profit / Cash Flow  $293648
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  Well Established and popular South Shore Restaurant & Bar. This business has high profit margins and room for growth. This is a strong location with great traffic counts. This turn-key operation has a Cash Flow of $300,000 per year and very positive Sales trends. PARKING: There is plenty of private dedicated parking for the restaurant EQUIPMENT: The equipment is in very good condition and has been well maintained and is of excellent quality. LEASE TERM: Two (2) year lease with 2 Five (5) year options BASE RENT: $9,693 NNN (triple nets equal $5,000 per quarter) CONCEPT: Bar/Restaurant/Functions SEATING: Capacity of 225 persons SIZE: Approximately 6,000 square feet retail 12,000 total square feet HOURS: Open from 11:00 AM - 1:00 AM LICENSES: Full Liquor & Entertainment (1:00 AM) SALES: $48,000 per week (On pace for $2,400,000-$2,500,000 in 2012) CASH FLOW: $293,648 ASKING PRICE: $650,000 (For the Business)
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