Bar / Restaurant Space For Lease
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Description Bar/Restaurant space available in Salem. The Bar & Restaurant is built-out and fully equipped. The facility is in good condition and is located on a highly traveled street. The landlord is not asking for any key money. This is a good opportunity for an Operator to open up a location with a small budget.
LOCATION: Restaurant/Bar space with highly visible location in a business/residential area
FACILITY: This is a store front building with a bar/dining room and kitchen. The kitchen is equipped and efficiently laid out. There is also a parking space and basement for storage.
PARKING: There is space in that back that is can be included in the lease
SEATING: There space has a capacity of 46 persons
LICENSES: Alcohol licenses are available for purchase (Call to discuss)
RENT: The landlord is asking for $1,950 NNN per month.
LEASE TERM: Five (5) year initial term with one (5) year option.
SECURITY DEPOSIT: Three month's rent, payable at lease signing for first, last and security deposit
KEY MONEY: The landlord is not asking for Key Money
Click Here To Contact Seller
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