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Business For Sale

WATERFRONT BAR. $15K/WK WITH REAL ESTATE.

Attn: Ed Williams
Danvers-Salem area, MA, USA
Listing Number: "EW"
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Asking Price: $$1,200,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Semi-Retiring
Year Established: 1980
Yearly Net Profit: $$200k
 

Business for Sale Overview:

"Where Everyone Knows Your Name." After 26 years of developing relationships with your customers, no need to change anything. Great 50 seat local pub that's sought out by tourists and regulars. Great food, great entertainment, great bar. very valuable, incredibly located income producing property with rental income coming from 3 apartments and an office. Perfect for an experienced couple or a couple of friends. $15,000 Per Week Provides $150,000 Per Year. Check This Out. Asking $1.2 M And Easily Financed.


Property Features and Assets:

Approximately 1,500 Square Feet With 50 Seats (12 stools at the bar). Approximately 6,000 sf lot...3-story bldg. THIS PROPERTY IS ON A MAJOR TOURIST ROUTE...IT'LL NEVER GO DOWN IN VALUE.


Market Competition and Expansion:

Loyal customers come great distances to this unique bar.


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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