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