Lovely Restaurant & Bar - Lowell

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Asking Price:
$199,900

Gross Revenue:
$275,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Long Established and well known Restaurant & Bar on a busy street with a lovely, modern interior. The facility has a first rate build-out and equipment package, 125 person capacity, full liquor and entertainment licenses. This turn-key facility is easily converted to any concept.

PARKING: On street and public and private lots
EQUIPMENT: The equipment is in good condition and has been well maintained and
is of good quality.
LEASE TERM: Owner will negotiate a favorable lease with new buyer
BASE RENT: $3,000 per month plus % of taxes, water and utilities
CONCEPT: Restaurant/Bar/Functions
SEATING: Capacity for 125 persons
SIZE: 3,000 square feet plus full basement with walk in cooler
LICENSES: Full Liquor (2:00 AM) plus entertainment license.

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Listing Info

ID:
1127005
Ad Detail Views:
3587

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$
months
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Business Listed by

Todd Smith

Corbett Restaurant Group

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