- Listing ID: 815686
Norfolk Pub & Restaurant With Real Estate Available For Sale
- Location:
-
- USA
- > New England
- > Massachusetts
- > Norfolk County
- > Norfolk County
- Category:
- Type:
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Summary
- Asking price:
- $175,000 (Furniture / Fixtures included)
- Sales revenue:
- $511,000
- Cash flow:
- < $250k
- Years established:
- 2004
)
Business description
Pub & Restaurant located in Norfolk County with great location on a busy state route in the center of town; modern facility with full liquor & entertainment licenses. Currently run by absentee owner. This site has great growth potential and a history of strong sales. The space could also be demised to have a separate Bar and Restaurant business. The business and Real Estate are for sale. The Seller is also willing to sell the business alone and/or offer an option on the Real Estate. AKING PRICE: $175,000 for the Business or $750,000 the Business & Real Estate
Property information
- Real Estate:
- Real Property Included
- Premises details:
- The space is approximately 3,700 square feet; the facility consists of a bar area with a long bar and a deck with 24 outdoor seats. The dinning room contains 80 seats and has a very functional layout. This building is ideal for a number of different concepts.
REAL ESTATE:.55 Acres Zoned for Restaurant/Bar use
CONDITION: The building and restaurant are in good condition and have been recently improved.
PARKING: Private lots with plenty of parking
EQUIPMENT: The equipment has been well maintained and is of good quality.
LEASE TERM: Five (5) year lease with two Five (5) year options.
BASE RENT: $4,400 per month NNN
CONCEPT: Pub & Restaurant
SEATING:100 seats inside with 24 patio seats outside (Capacity approximately 200 persons)
HOURS: 11:30AM –1:00AM Tuesday-Sunday
LICENSES: Full Liquor & Entertainment Licenses (Live Music, Gaming, Keno)
SALES: Approximately $511,000 per year
AKING PRICE: $175,000 for the Business or $750,000 the Business & Real Estate
- Size in square feet:
- 3,700
Other information
- Competition / Market:
- Best Game in town
- Support & training:
- Training will be provided
- Reasons for selling:
- Other Interests
- Trading hours:
- 11:30 AM - 1:00 AM
- Financing available:
- Some Financing available for Qualifed Buyers
- Furniture / Fixtures value:
- $125,000 (included in the asking price)
- Inventory / Stock value:
- $10,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- USA
- > New England
- > Massachusetts
- > Norfolk County
- > Norfolk County
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