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Businesses For Sale   >>   Massachusetts Businesses For Sale

Sports Bar & Tavern With Full Entertainment

Location  Massachusetts,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1700000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2003
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Yes

Description  
Sports Bar & Restaurant just north of Boston. The facility has a large and ideal set up for a Sports Bar, Restaurant and Function business. The full entertainment license opens up all kinds of possibilities to drive revenue at night. They facility was completely renovated recently and is in excellent condition. The owner operates this absentee. The store could be doing $2,500,000 or more with an involved owner. FACILITY: Like new build-out in excellent condition $700,000 was spent in 2010 PARKING: Private lot with plenty of parking with 150 plus spaces EQUIPMENT: The equipment is in good condition and has been well maintained and is of good quality. LEASE TERM: Lease ends in 2020 - options available RENT: $17,200 per month (includes triple nets) CONCEPT: Casual dining with live music SEATS: Capacity for 220 patrons inside with an additional 28 outdoor seats HOURS: Open from 11:00 AM - 1:00 AM daily LICENSES: Full Liquor & Entertainment SALES: $1,700,000 per year (60% alcohol) ASKING PRICE: $550,000 (For the Business) - Some Financing is Available for Qualified Buyers


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