Restaurant And Pub Opportunity
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1900000
Net Profit / Cash Flow $355000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training The Seller will provide a two week transition period for a buyer.
Reason for Sale The Seller is moving into other business ventures.
Description Financial Information
Asking Price: $649,000
Cash Flow: $355,000
Gross Income: $1,900,000
Furniture, Fixtures & Equipment: $625,000
Inventory: $25,000 (not included in the sale)
Summary Description
Highly profitable neighborhood restaurant and pub located in a desirable community North of Boston. The Restaurant is prominently located on a busy, main street.
The build-out and equipment are top notch, making this Restaurant a turn key opportunity for the right buyer. The Restaurant features large HD televisions and stunning pub d‚cor. The menu is American and pub fare.
The Restaurant has a full liquor and entertainment licenses. Liquor accounts for approximately 50-52% of the gross sales. The Restaurant serves a full lunch and dinner menu seven (7) days a week. There is entertainment on various days of the week, including live music.
The Seller's Discretionary Earnings would support a full time manager. Sales information may be verified by filed tax returns.
Contact Information
Wayne S. Michals
Tel: 866-970-7050, Ext. 100
Fax: 617-273-2620
Click Here To Contact Seller
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