Popular Tavern South of Boston

Asking Price$1,495,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$4,000,000

InventoryNot Disclosed

FF&ENot Disclosed

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Popular Tavern South of Boston


Asking Price$1,495,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$4,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
First time offering of this turn key fan favorite restaurant and bar that has been a staple in this community for 15 years. There are many gems here but two stand out- plenty of parking and how it is located. It is on a numbered highway, across the street of very busy major grocery store, traffic lights are out front (slows traffic /great visibility for the restaurant) and only 3 minutes from a major route. AAA location! It enjoys an excellent reputation as the place to go for all age groups. The bar is very popular for chat/friendship and Keno. Last year the commission was $65,000. That’s excellent which shows a busy place. The cozy function room is ideal for business and family gatherings.
$400,000 was spent in 2020 on a refresh. The owner is always focused on keeping the general condition of the restaurant as new! This contributes to its warmth and charm.
Sales are very consistent. Bring your marketing plan/ideas and increase sales from 4 MM to 5 MM. This is a perfect opportunity for a seasoned operator or an established group to expand their brand. This an SBA bankable deal. The owner will assist in a smooth transition backed by a committed well trained staff many of which are long term veterans. They are an important part of this restaurants success and await your new ideas and leadership.
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,400
Rent
$11,900.00 per month
About the Sale
Transition Support
The owner will assist in a smooth transition backed by a committed well trained staff many of which are long term veterans. They are an important part of this restaurants success and await your new ideas and leadership.
Listing Info
ID
2495801
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Business Listed by: Todd Smith Corbett Restaurant Group

Listing ID: 2495801 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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