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Profitable Sports Bar & Restaurant with Real Estate for sale in Middlesex County, MA

Middlesex County, Massachusetts (MA)

Asking Price: Gross: Cash Flow:
$ 260,000 $ 702,000 $ 140,000

Furniture and Fixtures Value:
$ 160,000 (included in the asking price)

Inventory Value:
$ 10,000 (not included in the asking price)

Real Estate:
$ 1,000,000 (included in the asking price)

Business Summary:
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 and a Cash flow of $140,000 per year. The Real Estate generates rental income of $2,000 per month from the residential units. It is currently run absente an experienced operator could take this to the next level. Asking $260,000 for the Business or $1,250,000 for the business and Real Estate.

 

   
Year Business was Established: 2006
   
Number of Employees: 2/ft/22/pt  
   
Facilities / Terms of Lease: 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.  
   
Potential Growth/Expansion: Sales have grown year over year over year. An owner/operator could take this business to the next level.  
   
Competition: Very little competiton on the local trade area.  
   
Owner willing to finance: Some financing is available for qualifed Buyers  
   
Owner willing to train: Training will be provided  
   
Reason for selling: Family matters  
   
Seller Reference Number: bm6947868
BusinessMart.com Listing Number: 65855
 

 

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For more info contact:

Todd Smith

Corbett Restaurant Group
617-948-3394

CONTACT SELLER

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