$50K/WK MAJOR RESTAURANT, FUNCTION FACILITY…STRONG ENTERTAINMENT COMPONENT
| Asking Price: | $2,500,000 | Inventory: | |
| Gross Revenue: | $2,500,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $475,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Gross is $2.5 Million per year. $40 to $50K per week | |||
| Cash Flow Comments: a lot of cash | |||
LOCATION: Greater Boston area; major hwy traffic
SELLING PRICE: Asking $1.8 for the business and/or $5.2M for business & real estate (easily financed)
SALES VOLUME: $40K - $50K per week (70% liquor)
NUMBER OF SEATS: Over 500 seats
SQUARE FOOTAGE: 14,000 sf footprint each flr. (2 floors)
HOURS OF OPERATION: 11 AM – 1 AM, 7 days
COMMENTS: FOR A SEASONED OPERATING GROUP, THIS IS AN EXCELLENT OPPORTUNITY! SERIOUS ILLNESS FORCES SALE. Buyer must have strong financials, extensive management experience, and a strong team to maximize value. Great wedding/function space, absolutely beautiful lounge, big, round bar, nice dining & meeting rooms, 7 pool tables, and 2 huge kitchens. Parking for hundreds of cars.
Call Dennis for info: (617)721-9655.
SELLING PRICE: Asking $1.8 for the business and/or $5.2M for business & real estate (easily financed)
SALES VOLUME: $40K - $50K per week (70% liquor)
NUMBER OF SEATS: Over 500 seats
SQUARE FOOTAGE: 14,000 sf footprint each flr. (2 floors)
HOURS OF OPERATION: 11 AM – 1 AM, 7 days
COMMENTS: FOR A SEASONED OPERATING GROUP, THIS IS AN EXCELLENT OPPORTUNITY! SERIOUS ILLNESS FORCES SALE. Buyer must have strong financials, extensive management experience, and a strong team to maximize value. Great wedding/function space, absolutely beautiful lounge, big, round bar, nice dining & meeting rooms, 7 pool tables, and 2 huge kitchens. Parking for hundreds of cars.
Call Dennis for info: (617)721-9655.
About the Business
Facilities:SQUARE FOOTAGE: 14,000 sf footprint each flr. (2 floors). Parking for hundreds of cars.. Great wedding/function space, absolutely beautiful lounge, big, round bar, nice dining & meeting rooms, 7 pool tables, and 2 huge kitchens.
Market Outlook and Competition:None that can touch this place
About the Sale
Management Training and Support:Full training
Reason For Selling:Major Illness forces sale...
Seller Financing:Might be possible for qualified buyer but no gaurantee. Depends on you and your offer!
KEYWORDS: Nightclubs, Bar, Tavern, Function Facility, 2+ acres, restaurant, lounge, entertainment weddings, development, big kitchen, lottery
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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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