$Seller Financing Available
| Asking Price |
$260,000 | Inventory |
$10,000** |
|---|---|---|---|
| Gross Income |
$702,000 | Real Estate |
$1,000,000** |
| Cash Flow |
$140,000 | Year Established | 2006 |
| FF&E |
$160,000* | Employees | 23 |
* included in the asking price
** not included in the asking price
This is a great opportunity to pick up a profitable and growing business with valuable Real Estate at a very reasonable price. The Sports Bar & Restaurant is a huge attraction locally; games, live music and good food & drinks generate sales of $13,500 per week. The Real Estate generates rental income of $2,000 per month from the residential unit. It is currently run absente and experienced operator could take this to the next level. Asking $1,250,000 for the business and Real Estate. LICENSES: Full Liquor & Entertainment Licenses (Live Music, Gaming, Keno) SALES: Approximately $13,500 per week or $702,000 per year CASH FLOW: The adjusted cash flow is $175,000 per year REAL ESTATE: Consists of two structures the Bar/Restaurant and a two unit residential rental house RENTAL INCOME: Rental income from the residential unit is $2,000 per month AKING PRICE: $260,000 for Business or $1,250,000 for the Business & Real Estate
Facilities: The space is approximately 3,200 square feet; the facility consists of a bar area with a long bar and a connected dining area. There is also a function room that contains state of the art sporting video games. The facility has over 100 seats and has a very functional layout. This building is ideal for a Sports Bar and or Restaurant concept.
Competition: There is very little competition in the local trade area
Growth/Expansion: This business has grown year over year over year...a owner operator could really bring this to the next level.
Seller Financing Available: Yes
Financing: Some Financing available for qualifed Buyers
Support/Training: Training will be provided
Reason Selling: Family matters

Todd Smith
617-948-3394
Corbett Restaurant Group
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