- Listing ID: 836319
Prime Pub Restaurant Location North of Boston For Sale
- Location:
-
- USA
- > New England
- > Massachusetts
- > Middlesex County
- > Middlesex County
- Category:
- Type:
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Summary
- Asking price:
- $210,000 (Furniture / Fixtures included)
- Sales revenue:
- $520,000
- Cash flow:
- $65,000
- Years established:
- 1994
- Employees:
- 7
)
Business description
This space is loaded with opportunity; it is a prime location that is a highly visible and accessible site with tremendous growth potential. This location is ideal for almost any concept. The site is currently an Asian concept but might have greater potential with a concept of more general appeal and/or more focus on alcohol sales. Perfect for a Chef, Owner/Operator.
SALES: Approximately $520,000 in 2008. (Historically $850,000 annually)
CASHFLOW: Approximately $56,000 in 2008
ASKING PRICE: $210,000 (Or Best Offer)
Property information
- Real Estate:
- Lease
- Lease terms:
- RENT: The rent is $9,000 per month
LEASE: The current lease has seven (7) years remaining with renewal Options available
- Leasehold rent:
- $108,000 per annum
- Location:
- Best Location in Town!
- Premises details:
- This stand alone restaurant space is approximately 3,000 square feet with a 160 person seating capacity. The space consists of a large bar & dinning area and two function rooms.
PARKING: There is a private parking lot and free on street parking
EQUIPMENT: Is in good condition and has been well maintained and is of good quality.
CONCEPT: Asian Cuisine & Cocktails
SEATING: There is seating for approximately 160 persons. This seating includes two functions rooms with 30 seats each. The layout is functional and allows the seating to be used interchangeably.
HOURS: 11:30 AM- 10:30 PM
LICENSES: Full Liquor, TV Entertainment, C.V.
RENT: The rent is $9,000 per month
LEASE: The current lease has seven (7) years remaining with renewal Options available
- Size in square feet:
- 3,000 s/f
Other information
- Support & training:
- Training will be provided
- Reasons for selling:
- Other Interests
- Trading hours:
- 11:30 AM - 10:30 PM
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Some Financing Available for qualified buyers
- Furniture / Fixtures value:
- $120,000 (included in the asking price)
- Inventory / Stock value:
- $5,000
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
- > Middlesex County
- > Middlesex County
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