TEWKSBURY-Pub-Restaurant-Entertainment-Functions

Tewksbury, MA (Middlesex County) (Relocatable)

Seller Financing Available
TEWKSBURY-Pub-Restaurant-Entertainment-Functions
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Asking Price: Get Financing: $395,000

Cash Flow: $150,000

Gross Revenue: $1,050,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2010

TEWKSBURY-Pub-Restaurant-Entertainment-Functions

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Business Description

LOCATION: Tewksbury. Heavily traveled major Route
SELLING PRICE: $395,000 DOWN PAYMENT: $150,000

SALES VOLUME; $21,000-22,000 weekly. 75% liquor...25% Food
LEASE: $6,300/mo Rent is less than 10% of sales YRS LEFT 3-5-5

SQUARE FOOTAGE: 6,200 sq ft

HOURS OF OPERATION: 7 Days 11:30 AM to 12:30 PM
SEATING: Two Rooms... Main rm has bar and seats 140. Function room; has bar with additional 60 seats.
COMMENTS: Great operation. Plenty of parking. Good strong steady clientele. Strong liquor sales. Mid-week nights Karaoke. Friday and Saturday nights.. Live music. All equipment and furniture in very good shape. All sales and taxes recorded. Second bar and function room great for special occasions and over flow on busy nights. St. Patrick's Day sales were well over $20,000 FOR THE DAY!!!

Great chemistry throughout this profitable operation. LOTTERY COMMISSIONS OVER $25,000/yr. Employees unaware of potential sale. Non-Disclosure Required. If you're a seasoned/experienced operator all you need to make real money is turn the key and turn on the lights! For more information and an appointment to view please call or email Rick Kezima 339-234-2504 rkezima@gmail.com

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
6,200
Lease Expiration:
N/A
Employees:
4-8
Facilities:
GREAT: Two rooms, two bars. Main Room can hold 140 while second room..overflow and functions holds 60. Plenty of parking. Strong Building.
Competition:
Actually with the draft beer selection. menu and entertainment combination compared to the other restaurants and liquor establishments in the area you take first place.You can easily increase sales with a second concept in the second bar and function room.
Growth & Expansion:
Minimal competition
Financing:
Financing Considered for Seasoned Opperator
Support & Training:
Owner has great clientele and would like the new owner to keep up the same quality. Owner will stay on to new operation is in the "Comfort Zone.
Reason for Selling:
Seller would like to move South where children are going to school.
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Contact the Seller

(from currently available funds)
 
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Rick Kezima

Business Listed By:
Rick Kezima

New England Restaurant Brokers

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Sponsoring Broker:
Dennis Serpone


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