Busy Waterfront Bar & Restaurant
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1760000
Net Profit / Cash Flow $249000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Beautiful Waterfront Bar & Restaurant located on the Bay State's famous South Shore. This Hot Spot has Full Liquor & Entertainment licenses and enjoys a gorgeous outdoor seating overlooking the Ocean The facility is turn-key and in excellent condition. The business enjoys growing Sales and a strong following. The Seller is motivate and is willing to consider partners. This is a must see!
CONDITION: The Bar & Restaurant are in very good condition.
PARKING: There is dedicated and on-street parking
EQUIPMENT: The equipment is new and is in good working order and has been well maintained
LEASE TERM: Fifteen (15) year lease with options
BASE RENT: $4,750 per month (triple nets = $1,000 per month)
CONCEPT: Waterfront Bar & Restaurant
CAPACITY: 151 person capacity inside plus 97 outsideHOURS: 11:00 AM - 1:00 AM
LICENSES: Full Liquor License & Full Entertainment
SALES: Approximately $1,760,000 (65% Alcohol to 35% Food ratio)
CASH FLOW: Approximately $249,000 per year
PRICE: $599,000 (For the Business)
Click Here To Contact Seller
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