Iconic Massive $1M+ Bar & Entertainment Venue | Major Seller Financing

Asking Price$340,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

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Iconic Massive $1M+ Bar & Entertainment Venue | Major Seller Financing


Asking Price$340,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Asking Price: $340,000
Revenue: Approx. $1,000,000–$1,200,000
Cash Flow: Approximately break-even (owner stated)
Down Payment: $140,000
Seller Financing: Approx. $200,000 available to a qualified buyer
Employees: Approx. 15
Facility: Approx. 10,000 SF
Seating: 400
Capacity: 500
Revenue Mix: Approx. 50% Food / 50% Alcohol
Rent: Approx. $7,500/month currently
Venue: Massive Bar and All American Menu

Exceptional opportunity to acquire an iconic, highly rated, well-known Massachusetts bar, restaurant and entertainment concept generating approximately $1M+ in annual revenue with substantial seller financing available.

This is a massive, fully built-out hospitality venue with approximately 10,000 square feet, 400 seats, 500-person capacity, full stage, live entertainment capabilities, established food service and significant alcohol sales.

Current sales are running approximately $80,000–$100,000 per month, split roughly 50% food and 50% alcohol.

The concept has a long-standing presence in the market and this represents its third location.

The current seller acquired the business just over a year ago, a reopened the concept after it had been closed for roughly 18 months, rebuilt the operation and brought revenue back to approximately 100k monthly.

The seller also owns three other restaurants and does not have the time to fully operate and grow this location. He currently oversees the business only part time, supported by approximately 15 employees and two key lead staff members.

The business is currently operating around break-even, creating a tremendous opportunity for an experienced operator to step into a high-volume, established platform with major infrastructure already in place and focus on margin improvement, entertainment programming, events, marketing, customer reactivation and tighter operating controls.

The seller is ready to pass the baton to an experienced bar or restaurant operator capable of taking this business to the next level.

Major Seller Financing

An operationally and financially qualified buyer may be able to acquire the business with approximately:

$140,000 Down
$200,000 Seller Financing

Final terms are negotiable based on buyer experience, financial strength and structure.

This is a rare opportunity to control a $1M+ revenue bar and restaurant operation with approximately 10,000 SF, 500-person capacity, an established name and major seller financing without building a venue from scratch.

Strong preference will be given to a buyer with proven experience managing or owning bars, restaurants, nightlife or entertainment venues.

Confidential offering. NDA, 140k proof of funds and operational qualification required before disclosure of the business name and exact location.

Exclusive Listing

Brian Bernstein
Heritage Business Brokers
About the Business
Employees
15 Full-time
2 managers in place
Facilities & Assets
Approximately 10,000 SF fully built-out bar, restaurant and entertainment venue featuring a massive bar, kitchen, large stage for live bands and entertainment, seating for approximately 400 guests and total capacity of approximately 500. Extensive furniture, fixtures, equipment, kitchen equipment, bar equipment and entertainment infrastructure included in the sale.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
10,000
Rent
$7,500 per month
About the Sale
Seller Motivation
Owner is scaling back his obligations due to health considerations
Transition Support
Owner willing to provide a smooth transition. Experienced team and key lead staff already in place to support day-to-day operations.
Financing Options
$140,000 down payment, with a $200,000 seller-financed note over 5 years at 8%
Listing Info
ID
2546626
Listing Views

Listing ID: 2546626 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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