100% ABSENTEE OWNED TAVERN/PUB -Established -Profitable -Award Winning

Asking Price$750,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,300,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,300,000
Not included in asking price
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100% ABSENTEE OWNED TAVERN/PUB -Established -Profitable -Award Winning


Asking Price$750,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,300,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,300,000
Not included in asking price

Seller Financing Available
Business Description
For over two decades, this award-winning tavern/pub has been the heart beat of this bustling square located on the Lynn/Peabody line. Where community connections are forged over exceptional food and genuine hospitality. What began as one entrepreneur's vision to create the "quintessential" local tavern/pub has evolved into a celebrated establishment that truly embodies the spirit of "where everyone knows your name."

The journey has been marked by remarkable achievements - earning prestigious recognition as "Best New Restaurant," "Best Burger," and landing among the "Top 45 Sandwiches" - accolades that reflect the unwavering commitment to quality that has defined this tavern's story. Each award represents not just culinary excellence, but the countless moments of joy shared between friends, families celebrating milestones, and neighbors becoming friends.

Located in a prime free-standing building with ample parking, this tavern has weathered changing times while maintaining its authentic character. The thoughtfully designed interior showcases a stunning centerpiece bar surrounded by warm, welcoming tones and multiple flat screen TV's, creating an atmosphere where sports fans gather for the big game and friends catch up over perfectly crafted drinks and flavorful meals. The reputation for generous portions, exceptional value, and consistently friendly service has created a loyal customer base that spans generations.

Operating successfully under absentee ownership demonstrates the strength of established systems and dedicated management and staff who have become "stewards" of this local institution. The availability to acquire the real estate along with the business provides additional security and long-term investment value.

Now, this beloved establishment awaits its next chapter. The incoming owner has the extraordinary opportunity to build upon two decades of success, inheriting not just a profitable business with all the "bells and whistles," but a legacy of community connection and culinary excellence. This is more than an acquisition - it's an invitation to continue a meaningful story while writing new chapters of success, growth and community impact in one of the area's most vibrant locations.
About the Business
Years in Operation
20
Employees
36 (1 Full-time, 35 Part-time)
Facilities & Assets
This business has a beautiful build-out and tavern/pub style design with a main center-piece bar. 105 seats with 18 seats at the bar. 3000 SF on the main level and 1700 SF in the basement, which is used for prep, cooking, refrigeration, storage and office. Very clean with a warm and inviting atmosphere. Free-standing building with a beautiful appearance.
Market Outlook / Competition
There is no Tavern or Pub in the area that has a comparable reputation for great food and service with all the awards of "Best New Restaurant"in 2006 & 2007, and consistently "Best Casual Restaurant" & "Best Burger" from 2008 - 2020 and Boston Globe Magazine's "Top 45 Sandwiches" in 2011. This tavern is truly the "gem" of the whole area !
Opportunities for Growth
Expand the social media presence, create an advertising budget, promote delivery, catering and in-house events. Open for breakfast to increase sales and profits.
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
2 weeks of training and support will be provide to a qualified buyer
Listing Info
ID
2518869
Listing Views
42

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Business Listed by: Richard Milordi TRINITY BUSINESS BROKERS

Listing ID: 2518869 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. See our full Terms of Use. Learn how to avoid scams.


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