$50K/WK MAJOR RESTAURANT, FUNCTION FACILITY…STRONG ENTERTAINMENT COMPONENT
Asking Price:   $2,500,000Inventory:   
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.
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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Business Listed By
Dennis Serpone  |  New England Restaurant Brokers
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