Seasonal Waterfront Bar & Restaurant
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $700000
Net Profit / Cash Flow $145000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2002
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Waterfront Bar & Restaurant located on the South Shore. This is a seasonal restaurant in very good condition. This 4 month a year Business has a Cash Flow of $145,000. This site has patio seating for 100 persons, plenty of parking and function facilities. This is perfect for an Owner/Operator.
PARKING: Plenty of dedicated parking
EQUIPMENT: The equipment is in brand new condition and has been well maintained and is of good quality.
LEASE TERM: New long term lease with options
BASE RENT: Percentage rent: 10% of gross sales (that includes everything including utilities)
CONCEPT: Restaurant & Bar
SEATING: 220 Seats inside 100 Plus seats outside on patio
SIZE: 3,600 square feet
HOURS: Open from 11:00 AM - 1:00 AM
LICENSES: Full Liquor & Entertainment (1:00 AM)
SALES: $700,000 (40% Food 60% Alcohol)
CASH FLOW: Approximately $145,000
ASKING PRICE: $150,000 (For the Business Assets)
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