Pub & Restaurant With Real Estate Available
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $511000
Net Profit / Cash Flow $20000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 6 - 9
Inventory 125000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Training will be provided.
Reason for Sale Other interests.
Description Pub & Restaurant for sale, located in Norfolk County with great location on a busy state route in the center of town; modern facility with full liquor & entertainment licenses. Currently run by absentee owner. This site has great growth potential and a history of strong sales. The space could also be demised to have a separate Bar and Restaurant business. The business and Real Estate are for sale. The Seller is also willing to sell the business alone and/or offer an option on the Real Estate. Asking price: $175,000 for the Business or $750,000 the Business & Real Estate.
The space is approximately 3,700 square feet; the facility consists of a bar area with a long bar and a deck with 24 outdoor seats. The dinning room contains 80 seats and has a very functional layout. This building is ideal for a number of different concepts.
Real Estate:.55 Acres Zoned for Restaurant/Bar use
Condition: The building and restaurant are in good condition and have been recently improved.
Parking: Private lots with plenty of parking
Equipment: The equipment has been well maintained and is of good quality.
Lease Term: Five (5) year lease with two Five (5) year options.
Base Rent: $4,400 per month NNN
Concept: Pub & Restaurant
Seating:100 seats inside with 24 patio seats outside (Capacity approximately 200 persons)
Hours: 11:30AM -1:00AM Tuesday-Sunday
Licenses: Full Liquor & Entertainment Licenses (Live Music, Gaming, Keno)
Sales: Approximately $511,000 per year
Asking price: $175,000 for the Business or $750,000 the Business & Real Estate. For More information please email or call Corbett Restaurant Group 617-948-3394.
Click Here To Contact Seller
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