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Sports Bar And Grill In Essex County For Sale

Essex County, Massachusetts, US
Asking Price:
$448,000
Sales Revenue:
$950,000
Cash Flow:
$150,000

Sports Bar & Grill North Shore Owner Financing Here is you chance to own a busy sports bar just north of Boston. This popular restaurant seats just over a 100 customers This grill has amazing pub food and homemade pizzas to eat while you watch the game. The restaurant does a large take-out business. It has been a restaurant since the mid 1950's. Located in a thriving neighborhood with a large parking lot for the area. In a very busy area. There is a large function room that is not being utilized to it's full potential. Could be a great spot for a club, pool hall or ping-pong lounge. Bar has many advantages grandfathered in that makes it much easier to operate than trying to establish a new pub/bar with all the new restrictive regulations. The business has a liquor license that is transferable with the sale. Keno is extremely popular with the customers here. Current owner is looking to retire after many years. Owners will offer owner some owner financing to qualified party. Owner is selling real estate with business as separate sale for $1.6M.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Selling due to other interest

Employees:
14

Other Information

Support & training:

The seller will train the new owner.

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

300,000.00 Down & $148,000 at 6%

Furniture / Fixtures value:
$80,000
Inventory / Stock value:
$15,000

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