Asking Price:

$750,000

Asking Price/SF:

N/A

Gross Income:

$1,000,000

Net Operating Income:

N/A

Year Built:

1990

Max Space Available:

N/A

Types:

Real Estate For Sale
Retail

Building Status:

Established

Business Description

Perfect for Upscale Hamburg/Sports Bar !

TYPE OF BUSINESS: Valuable REAL ESTATE
w/EstablishedFull Service Restaurant/Popular Lounge

LOCATION: Leominster-Fitchburg area; numbered route

SELLING PRICE : Asking $750K; real estate alone
assessed at OVER $500K (two Parcels)

SALES VOLUME: $20K/wk.

NO. OF SEATS: (Inside) 200 (outside) 45

SQUARE FOOTAGE: Bldg. 5,000 sf; lot approx. 1 acre

HOURS OF OPERATION: 7 days lunch, dinner, busy
lounge
SUNDAY BRUNCH-VOTED BEST SUNDAY BRUNCH IN
AREA FOR 2012

COMMENTS: Very busy location with great visibility.
Real estate is undervalued for this area.
This is a place that an experienced, credit-worthy buyer
should look at.
Capital Improvements recently made to property.
LARGE, PRIVATE PARKING LOT LARGE ENOUGH TO
ACCOMODATE FUNCTIONS OF ANY SIZE!

Detailed Information

Facilities:

Solid building in compliance with regulations.Recent Capital Imrovements can be discussed with owner. Has a beautiful, very large lounge area and wrap-around bar with a Keno/Trivia following. Good sized deck outside for overflow in the warmer months.

Current & Prior Use:

Same owner, was once a successful nightclub, now an established family, full service restaurant with a separate popular lounge/bar. An experienced buyer and updated look with a fresh, creative menu is all this business needs!!! Large space lends itself to a variety of concepts. Would be great for a Sports Bar or a Upscale Hamburg/BBQ/Specialty Ice Cream Bar/Unique Gift Store. Easily increase Sales through Promotion and Advertising !

Financing:

Owner will take back financing for a credit worthy buyer.