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Businesses For Sale   >>   Massachusetts Businesses For Sale

Profitable Sports Bar With Live Entertainment

Location  Massachusetts,United States
Asking Price Range  < $250K
Gross Revenues  $1500000
Net Profit / Cash Flow  $150000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2004
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased

Description  
Profitable Sports Bar with Live Entertainment priced to move. The business has enjoyed success for years and is in turn-key condition. Sales and profitability are strong, they both good be increased with an Operator who is on premises. They current owner has multiple units in Boston and does not have time for this location any longer. The Seller is motivated and wants to see offers! FACILITY: The facility is in good condition with a functional layout for Sports Bar with Live Entertainment PARKING: Plenty of Parking EQUIPMENT: The equipment is of good quality and has been well maintained LEASE TERM: 4 years remaining at $10,000/month, and option of 6 more years at $11,000/month BASE RENT: $10,000 per month NNN (triple nets = $1,000 per month) CONCEPT: Asian themed Sports Bar with Live Entertainment SIZE: 8,000+ square feet (plus full basement) SEATS: Capacity of 262 persons LICENSES: Full Liquor & Entertainment, Keno & Lottery SALES: Average $1,500,000 per year CASH FLOW: Average $150,000 per year ASKING PRICE: $210,000 (for the Business)


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