Business description
Turnkey Family Style Bar and Restaurant Opportunity Plus Liquor License For Sale For $399,000! This restaurant has shown consistent growth and is one of only two full service liquor licensed establishments in town, and one of only four full service restaurants within a 7 mile radius. This is an excellent opportunity for a chef operated venture! A family-style pub with 4 consecutive years of growth with little or no competition in the area. Strong sales of over $10,000 weekly, with minimal hours (4:00pm-10:00pm Monday through Thursday, 12noon to11:00pm Friday though Saturday). Put your personal touch on this place, or just seamlessly take over and expand the already flourishing business. Owners are looking to pursue other interests. Purchase just the business for $399,000, or negotiate the sale of the real estate too. Approximate cost of the real estate is $550,000. Call now for additional information.
Property information
- Real Estate:
- Lease
- Lease terms:
- Lease terms are negotiable. Owner will also consider selling the real estate.
- Location:
- Located in a free standing 2,500 sq.ft building on a high traffic commuter road in Essex County, Massachusetts. This is a high income area, where more young families are moving in everyday. There is lots of parking and great street visibility. Golf courses as well as area shopping brings in a lot of people from surrounding communities. Two high schools within five miles so this is a good opportunity to make a presence in the community through fundraisers/ promotions with local schools. Great area to relocate, call for more details.
- Premises details:
- 2,500 sq.ft building
Business Operation
- Expansion potential:
- A new owner could easily grow the business by expanding hours, but the business is already putting up strong numbers with the current hours of operation.
- Competition / Market:
- Very little competition
- Reasons for selling:
- Owner is pursuing other interests
- Trading hours:
- Hours of Operation are: 4:00pm to 10:00pm Monday through Thursday, 12:00noon to 11:00pm Friday through Saturday
- Employees:
- 5 full-time, 5 part-time
- Years established:
- Since 2006
Other information
- Support & training:
- Owner offers training and support for up to 30 days
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Owner will finance a portion of sale. Terms to be determined.
- Furniture / Fixtures value:
- $20,000 (included in the asking price)
- Inventory / Stock value:
- $5,000 (included in the asking price)