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Very Profitable Restaurant Bar Somerville For Sale

Somerville, Massachusetts, US
Asking Price:
$1,087,500
Sales Revenue:
$3,500,000
Cash Flow:
$450,000

Very Profitable Tavern/Bar with a long history of success. This is a rare opportunity; please call for details. Bank financing is available for qualified Buyers.

PARKING: Street parking & local municipal lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:15-year lease
BASE RENT: $21,000 per month
CONCEPT: American Restaurant
SEATS: Capacity of 140
HOURS: Open daily 10a-9p; open until 10p on weekends
LICENSES: Full Liquor License
SALES: $3,500,000 (35% alcohol, 65% food)
CASH FLOW: $450,000 per year

ASKING PRICE: $1,087,500 (For the Business)
Financing Available for Qualified Buyers

Property Information

Real Estate:

Lease

Other Information

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

Contact Corbett Restaurant Group

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