Tavern w/Lottery

Newburyport, MA (Essex County)

Tavern w/Lottery

Asking Price:$134,000

Cash Flow:N/A

Gross Revenue:N/A





Tavern w/Lottery

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Business Description

A popular neighborhood tavern near West Newbury, Rowley, Georgetown, Newburyport and Route 95.

FLOOR PLAN: The floor plan consists of a dining room, bar and lounge with a pool table and lottery, an open kitchen and restrooms.

PARKING: Ample parking

SEATING: There is seating for 88 patrons.

CONCEPT: Neighborhood Tavern with Lottery

LICENSE: The restaurant has a Full Liquor License and Massachusetts Lottery

HOURS: Open seven days. Dining Room: 11:00AM – 8:00PM Bar: 11:00AM – 11:00PM

SALES: Sales in 2014 were approximately $8,000 wk.

RATIO: Food: 50% Beverage: 50%

UTILITIES: Gas & Electric: $1,200 +/- mo. Water/Sewer: Included in Rent

RENT: The rent is $2,650 month (Includes real estate tax, property insurance, trash, plowing and water/sewer

LEASE TERM: The landlord may consider negotiating a long lease.

COMMENTS; There is potential to increase sales by adding delivery, improving the marketing program and having more private parties.

PRICE: The asking price is $134,000. The seller will consider all reasonable proposals.

Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and conditions.

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Heather Perkins

Business Listed By:
Heather Perkins

The Boston Restaurant Group Inc.

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