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Profitable Sports Bar & Restaurant with R.E. Available

Massachusetts (Middlesex County)

Retail - Bars/Taverns | Retail - Restaurants

$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

Great business for sale

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

Business For Sale By

Todd Smith

617-948-3394

Corbett Restaurant Group

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Contact the seller about this Profitable Sports Bar & Restaurant with R.E. Available

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