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

Attractive Restaurant & Bar

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $523000
Net Profit / Cash Flow  $104000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2003
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Description  Attractive Restaurant & Bar located on the South Shore. This recently renovated facility is turn-key, has Full Liquor & Entertainment licenses and enjoys growing Sales. The business enjoys a Cash Flow of approximately $104,000 per year. The owner is moving south and motivated to sell. CONDITION: The Restaurant & Bar are in excellent condition. PARKING: There is ample dedicated parking in the back EQUIPMENT: The equipment is new and is in good working order and has been well maintained LEASE TERM: Two (2) year lease with a five year option SIZE: 4,500 s/f on 1st floor 5,400 s/f in the Basement BASE RENT: $5,400 per month Base rent - CAM & Real Estate Taxes: $756 per month CONCEPT: Restaurant, Bar & Functions CAPACITY: 135 Seats for patrons (Full Sprinkler System) HOURS: 11:30 AM - 1:00 AM LICENSES: Full Liquor License & Full Entertainment SALES: Approximately $523,000 CASH FLOW: Approximately $104,000 PRICE: $175,000 (For the business some financing available for qualified Buyers)
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