Busy Restaurant & Sportsbar with Real Estate Option, $42k /wk

Asking Price$925,000

Cash Flow
$395,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,185,000

Inventory$20,000
Not included in asking price
FF&E$40,000
Included in asking price
Real Estate$1,500,000
Not included in asking price
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Busy Restaurant & Sportsbar with Real Estate Option, $42k /wk


Asking Price$925,000

Cash Flow
$395,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,185,000

Inventory$20,000
Not included in asking price
FF&E$40,000
Included in asking price
Real Estate$1,500,000
Not included in asking price
Business Description
Very profitable Restaurant & Sports Bar located on the South Shore on a busy route . This well established business has strong steady sales history, great bottom line and strong cash flow. Large 1.5 acre lot with parking up to 150 vehicles , this site has many potential uses including Residential Condos, Office, Storage Facility, Mixed Use, Flex Space and more. The Business and Real Estate when purchased together has been qualified for a SBA 504 Low Interest Loan Program. If you are looking for a sound investment where the numbers actually work, then you owe to yourself to check out this amazing business opportunity.
About the Business
Years in Operation
30
Employees
35
Facilities & Assets
FF&E, Liquor License, Seasonal Outdoor Seating
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
7,400
About the Sale
Seller Motivation
Seller Retiring out of state
Transition Support
Management will train new Owners for up to 60days
Financing Options
SBA 504 Loan Program Qualified, Possibel Seller Financing
Listing Info
ID
2374839
Listing Views
337

Contact Seller

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Business Listed by: David OShea Northeast Property Network

Listing ID: 2374839 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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