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
