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Profitable Sports & Gaming Bar / Restaurant With Real Estate
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $786000
Net Profit / Cash Flow $140000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 6 - 9
Inventory 786000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Description This is a great opportunity to pick up a profitable and growing business with the option to purchase the valuable Real Estate at a very reasonable price. The Sports Bar & Restaurant is a huge attraction locally; games, live music and good food & drinks generate sales of $13,200 per week and a Cash flow of $140,000 per year.
FACILITY: The space is approximately 3,200 square feet; the facility consists of a bar area with a long bar and a connected dining area. There is also a function room that contains state of the art sporting video games. The facility has over 100 seats and has a very functional layout. This building is ideal for a Sports Bar and or Restaurant concept.
CONDITION: The buildings and restaurant are in good condition and have been recently improved.
PARKING: Private lot with plenty of parking
EQUIPMENT: The equipment has been well maintained and is of good
quality.
CONCEPT: Sports Bar & Restaurant
SEATING: 100 plus seats (Sprinkler system has already been installed)
HOURS: 11:30AM -1:00AM
LICENSES: Full Liquor & Entertainment Licenses (Live Music, Gaming, Keno)
RENT: $5,500 per month
SALES: Approximately $786,000 per year
CASH FLOW: The adjusted cash flow is $140,000 per year
REAL ESTATE: Consists of two structures the Bar/Restaurant and a two unit
residential rental house asking price for the Real Estate is $900,000
ASKING PRICE: $280,000 for the Business
For More information please contact Corbett Restaurant Group 617-948-
3394
Click Here To Contact Seller
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