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Businesses For Sale   >>   Bars and Pubs Businesses For Sale

Prime Waterfront Restaurant & Bar

Location  Massachusetts,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1450000
Net Profit / Cash Flow  $202000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2003
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased

Description  
Prime Restaurant & Bar in a popular South Shore location. This is the best location in town. It is newly renovated, with great views, open air seating and all of the activity generators an Operator would want. This business has two floors, Full Liquor, Live Music and a 220 person capacity. Very strong Sales for a 6 month a year business. This is a must see! CONCEPT: Waterfront Restaurant & Raw Bar PARKING: There is a dedicated parking and On-Street Parking SEATING: There is seating for 220 persons SIZE: 4,200 square feet LICENSES: Full Liquor -1:00 AM & Live Music (with some limitations) RENT: $7,053 per month (includes the triple nets and water) LEASE TERM: 2.5 years remaining on the initial term with two five year options SALES: $1,450,000 per year (Open for 6 months) CASH FLOW: $202,000 ASKING PRICE: $329,000 (For the Business) Some financing may be available for qualified Buyers


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