Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

National Restaurant Exchange

Needham Prime Immaculate Restaurant Bar For Sale

Greater Needham, Massachusetts, US
Asking Price:
$425,000 Furniture / Fixtures included
Sales Revenue:
$1,560,000
Cash Flow:
$75,000

RARE-PRIME TURNKEYRESTAURANT-BAR

LOCATION: Greater Needham Area
SELLING PRICE:$425,000 Down payment 50%/ owner financing
SALES VOLUME:30K wk. (42k pre covid)
LEASE:15,000- includes NNN, water-sewer) yrs left- 3 plus extensions.
SQUARE FOOTAGE: 3,600
HOURS OF OPERATION: 5 days- tuesday thru saturday- 4pm till 9.30 pm
SEATING: inside 99/ patio in season 40
REASON FOR SELLING: Owner moving out of state.
COMMENTS:
Full liquor & entertainment license located in the heart of one of the 'Hottest" spots anywhere. Annual personal income exceeds 100k yearly-very affulent area. Over 500 new end condo's-apts under construction only one block from restaurant.This Prime location needs a proven exerienced operator.with strong draw for entertainment/jazz. fabulous layout-lots of new upgrades-Immaculate.
large bar w/ high tops, great bar- visibility, true .eye appeal layout. Add lottery, take out is up, push for more and catering is a absolute must here. advertise. the business is here, clients want value, price is not the most important part with this loyal following. Contact Bob or

Property Information

Real Estate:

Lease

Lease Terms:

4 years left on lease with options...NNN adjusted yearly ( currently 3,700 mo.)

Leasehold Rent:

$144,000 per annum

Location:

Greater needham area-prime location/parking/high visibility

Premises Details:

cannot find a better layout-great barw/ hightops/ high celinigns, soft lighting. A real gem State of the art equipment and operation.

Business Operation

Expansion Potential:

Menu-entertainment-delivery-catering-all of this and your promotions.

Competition / Market:

Very little competion, thius is a proven winner. profit pre covid was close to 400k per year.

Reasons for selling:

Owner is moving back home ( out of state)

Trading hours:

Tuesday thru saturday 4pm till 10pm/ currently limited hours.

Employees:
23
Years established:
2016

Other Information

Support & training:

yes up to 2 weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Some owner financing, to be negociated based on buyers financial strength.

Furniture / Fixtures value:
$200,000 - included in the asking price
Related Documents:

Listed by

National Restaurant Exchange

Contact National Restaurant Exchange

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

  2. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you inquired on to finance specialists Guidant Financial. They will contact you about financing your business purchase.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to National Restaurant Exchange. For more information about how we use your data, read our privacy policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business