| Asking Price: | $290,000 | Inventory: | |
| Gross Revenue: | $1,300,000 | Real Estate: | $2,000,000 ** |
| Cash Flow: | $275,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Mostly cash. | |||
SELLING PRICE: Asking a very reasonable $290,000 , with only $50K down, for this EXCELLENT business and OPTION ON VERY valuable property in the center of town (good books, appraisals, and town assessments make this an easy property to finance)
SALES VOLUME: Strong $21K - $23K per week .
NUMBER OF SEATS: 200 seats
SQUARE FOOTAGE: 3 floors each with a footprint of 5,000 sf.
(9 offices, 3 rented generating $1,500/mo.)
HOURS OF OPERATION: 11AM – 1 AM;
Sat/Sun 4 – 1 AM
COMMENTS: This bldg. is zoned for 15-stories. There are three parking lots within one block of this property. A seasoned operator could easily add substantial additional business by opening for brunch on Sat. & Sun. mornings, and tapping into the huge catering business in the area. The present owner is ‘absentee’. The equipment is state-of-the-art and exceptionally maintained. This is a turn-key opportunity for a buyer with vision. Take a minute to call and ask for an opportunity to see this unique property.
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KEYWORDS: LOCATION: SOUTH OF BOSTON SELLING PRICE: Asking a very reasonable $290K for this EXCELLENT business and VERY valuable property in the center of town (good books, appraisals, and town assessments make this an easy property to finance) SALES VOLUME: Strong $24K - $25K per week (25% liquor). NUMBER OF SEATS: 200 seats SQUARE FOOTAGE: 3 floors each with a footprint of 5,000 sf. (9 offices, 3 rented generating $1,500/mo.) HOURS OF OPERATION: 11AM – 1 AM; Sat/Sun 4 – 1 AM COMMENTS: This bldg. is in a zone that allows 15-stories. There are three parking lots within one block of this property. A seasoned operator could easily add substantial additional business by opening for brunch on Sat. & Sun. mornings, and tapping into the huge catering business in the area. The present owner is ‘absentee’. The equipment is state-of-the-art and exceptionally maintained. This is a turn-key opportunity for a buyer with vision. Take a minute to call and ask for an opportunity to see this unique property. Bar, lounge, entertainment, restaurant, big kitche
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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