Night Club / Bar - Full Liquor & Entertainment Licence
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $1200000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Description Long Established Night Club and Bar. Superior Location with high foot traffic, unlimited Free Parking and 3 minute walk from Red Line MBTA. Open for 20 years under 3 names/concepts. Historical annual sales have surpassed 1 Million. Average annual sales before latest concept change $650,000. Motivated seller is willing to entertain all reasonable offers.
PARKING: On street and public lot across the street
EQUIPMENT: Good condition
LEASE TERM: 1 year with two 5 year options at current terms.
BASE RENT: $6,000 per/month flat - NO TRIPPLE NET
CONCEPT: Night Club / Dance Hall / Live Music Hall / Bar
SEATING: Capacity 525 (can be increased to 700+)
SIZE: 9,800 sq/ft
HOURS: Current: (Fri & Sat 7pm - 1am.) Licensed for 7 days 8am - 1am
LICENSES: Full Liquor & Full Entertainment (7 days, 8am - 1am)
SALES: $200,000 Fri & Sat only past year, ($650,000 average before concept change)
($1.2 Million highest recorded annual sales)
ASKING PRICE: $179,000
Click Here To Contact Seller
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