Beautiful Bistro & Pub
Location Massachusetts,United States
Asking Price Range $250K - $500K
Gross Revenues $1000000
Net Profit / Cash Flow $115000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1978
Number of Employees 10 - 19
Inventory 50000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes.
Reason for Sale Retirement.
Description This pub & restaurant for sale is in excellent condition. The entire building is new construction and no expense was spared in the build-out. Located in an end cap of a new and busy plaza this is a site with good traffic and plenty of parking. The rent is significantly below market rate. Revenues are 60% food 40% alcohol. This is truly a turnkey opportunity to take an existing and profitable business to the next level.
Facility: the space is approximately 4,200 square feet with a 100 person seating capacity. Plus and outdoor deck with seating for 20 persons. The space consists of an open dinning room, kitchen, large bar & lounge, and bathrooms. This is a very functional layout and design.
Parking: there are over 200 parking spots in the parking lot.
Equipment: the equipment is new and has been well maintained and is of good quality.
Lease term: there are 9 years remaining on the lease. The landlord is open to adding extensions.
Base rent: currently $2,450 monthly plus nnn (significantly below market rate)
concept: bistro & pub (breakfast, lunch, & dinner).
Seating: there is seating for 100 patrons inside and 20 persons on outdoor deck.
Hours: open from 7:00 pm - 1:00 am 7 days a week.
Licenses: full liquor, entertainment & gaming (live music).
Sales: average sales are approximately $1,000,000 annually.
Cash flow: $115,000.
Price: $460,000.
For more information please email or call Corbett Restaurant Group 617-948-3394.
Click Here To Contact Seller
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