2 AM -Make$$$ N.Andover/Methuen Rest/Pub 2:00 a.m.Liquor Lic. $299K

Methuen, MA (Essex County)

Seller Financing Available
2 AM -Make$$$  N.Andover/Methuen Rest/Pub 2:00 a.m.Liquor Lic. $299K

Asking Price:$299,000

Cash Flow:$250,000

Gross Revenue:$900,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

2 AM -Make$$$ N.Andover/Methuen Rest/Pub 2:00 a.m.Liquor Lic. $299K

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Business Description

METHUEN-2 AM RESTAURANT-PUB

REAL WINNER! STRONG NET PROFIT! TONS OF PARKING !
2 a.m WEEKEND LICENSE?!

TYPE OF BUSINESS: Full Service Mexican Restaurant Bar & Full Entertainment
LOCATION: PERFECT LOCATION! N. Andover/Methuen Area in Busy Strip Mall
SELLING PRICE: PRICED TO SELL $299,000
Down payment: 50%

SALES VOLUME: $17k-$18k $900,000- $1,000,000 a year
LEASE: $6500. Includes NNN Yrs. Left: 1 + 5 year option (negotiable)

SQUARE FOOTAGE: 6000 sq.ft. (ONLY $13/sf.)
# OF BATHROOMS: 2 HANDICAPPED ACCESSIBLE : Yes
SPRINKLERS: Yes
SEATING: 100
DAYS/HOURS: closed Monday Tues-Thurs. 3 p.m.-10 p.m
Fri.-Sun. 12 p.m.-1 a.m.( 2 a.m. license)

COMMENTS: Excellent location in a busy strip mall, signalized location, spacious, and perfect for the seasoned buyer! New Bar, & kitchen equipment is in excellent condition. Approx. 12 employees. 55% of sales from liquor. Strong function business! Plenty of ROOM for GROWTH: Longer hours, build catering business.
Suitable for conversion to ANY other concept.
Current NDA required. Call or email for more information.
Marie 978-902-0350 ellesell3@gmail.com
Chuck 978-317-2943 cwrollins01@gmail.com

Detailed Information

Employees:
12
Facilities:
Tons of Room, Equipment in excellent condition, New Bar
Competition:
Minimal.
Growth & Expansion:
UNLIMITED PARKING! Build up Catering End of business to add tons of profit!
Financing:
50%
Support & Training:
As much as needed.
Reason for Selling:
New Business Venture!

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Marie Feudo

Business Listed By:
Marie Feudo

New England Restaurant Brokers

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Sponsoring Broker:
Dennis Serpone

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