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

Newly Renovated Bar & Grill

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $400000
Net Profit / Cash Flow  $0
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  Newly renovated Bar & Restaurant just north of Boston. This is a high traffic location with a lot of potential for a Buyer with industry experience. The rent is low, the build-out and equipment are new and of good quality. There is significant opportunity with the large Patio and food portion of the business. The current owners have no industry experience and need to focus on their other business. FACILITY: The entire Bar and Kitchen has been completely renovated in the last few months. This space consists of a full service kitchen, bar rooms and huge outdoor patio PARKING: Street Parking CONCEPT: Bar & Restaurant SEATING: There is seating for 96 patrons inside and 50 patrons on the Patio SIZE: The space is approximately 1,800 square feet plus a 2,000 s/f Patio HOURS: 11:00 AM - 1:00 AM LICENSES: Full Liquor & Entertainment Licenses (Lottery & Keno) SALES: Approximately $400,000 per year (90% Alcohol 10% Food) RENT: $2,166 per month (Included the triple nets) LEASE TERM: 1 year with options available (New lease available) ASKING PRICE: $198,000 (For the Business)
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