Abington-"Prime" Restaurant/Bar/Entertainment!

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Asking Price:
$375,000

Gross Revenue:
$1,100,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Greater Abington area/Brand New-Free Standing Restaurant/Bar/Entertainment.
Selling Price: $375k w/ $50% dn/ Owner financing.available.
Volume: 21k wk ( strong and growing)
Lease: $3,400 mt ( real cheap, NNN included) yrs left 10( Only 4% of sales-Wow!
Square Footage: approximately 3600 sq ft.
Hours of Operation/ 7 days......11.30am -1pm ( full liquor w/ entertainment)
Seating: 99 inside....Huge bar seats 20 to 22

Comments.:Opened in January 2018, this new 450k build out facility is in excellent Turn Key condition for a new owner. Present owner is in the union and has been absentee, not a restaurateur.

Located on a Major state Road, good traffic, excellent visibility & parking, this is the Hottest new restaurant in the entire area.

Great volume, has bustling entertainment on weekends, It is now the "Place to Go" and a welcome surprise to all.

Excellent Micro Brew set up, well designed, comfortable and lively.

Add lottery ( a must) new on line gambling coming soon to Mass/ THIS IS YOUR OPPORTUNITY TO CASH IN ON THE BIGGEST NEW WAY TO MAKE SERIOUS MONEY OFFERING SPORTS BETTING./ BIGGER THAN MARIJUANA SALES- HEDGE YOUR BET ON THIS NEW OPPORTUNITY AVAILABLE TO ALL BAR OWNERS/.advertise/ event nights and add rewards club Has popular Ladies night. Great Food and service, plus reviews.

Loyal busy base, can easily increase sales dramatically with well defined restaurant systems & good management controls to control their Out of Control Opening costs which are steadily improving.An experienced operator can easily turn this volume into serious money. Contact Bob @ Bobcioffi14@gmail.com or (cell) 781-820-9288.
Great tax advantages from new tax law . Timing is great for a real busy fall season. Jump on this opportunity< Why not you?

About the Business

Year Established:
2018
Number of Employees:
18
Real Estate:
Leased
Building Sq. Ft.:
3,400
Facilities:
Brand new buildout/Free Standing, main state road.
3600 sq ft.excellent visibility!

Lease $3,400 mt ( real cheap, NNN included) 10yrs left.
Market Outlook/
Competition:
Much needed entertainment in this growing area, sales have proven that.
nothing quite like it, easy access from all points.
Growth & Expansion:
There is room inside to expand and do whatever you like, got to see to appreciate.
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About the Sale

Reason For Selling:
Owner is not a restaurateur,
Training/Support:
yes 7 to 10 days as needed.
Seller Financing:
yes for qualified buyer.

Listing Info

ID:
1528047
Ad Detail Views:
747

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Business Listed by

Bob Cioffi

New England Restaurant Brokers

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Sponsoring Broker:

Dennis Serpone
New England Restaurant Brokers

U.S. Census Data for Plymouth County, MA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Plymouth County, MA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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