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Business For Sale

BUSY LOCAL PUB IN LOWELL NEAR UNIVERSITY

Lowell, MA

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$225,000
$410,000
$140,000
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1970
5
116019596
Owner Financing is Available!
Some maybe possible if you are the right person....

Business Overview:

Busy Pub and Bar with impeccable books located within a mile from large University, established 35 years in same location with same name. Fully remodeled in October 2010. Good reputation! Opportunity for growth is to focus on more food business, current owner has not focused on this and the hours of operation are a testimony to it. Kitchen is only open 33 hours per week and closes at 9 pm every night. Expanding hours at night will bring more revenue, and also pushing a lunch business at least toward the end of the week and delivery to local businesses. Establishment has a face book page with over 2,100 followers. Entertainment license. Live Bands/DJ. Location: North Shore, 1 mile from large university! Selling Price: Asking $225,000. Sales Volume: $8,000 per week. 85% Liquor 15% Food. Number of Seats : 150 Lease: $4,000/ 6 years left. No Escalators. Rent can never go up! Square Feet age: 1,400 square feet. Hours of operation: Monday to Wednesday 6 pm to 9 pm, Thursday to Saturday 4 pm to 9 pm, Sunday to Noon to 9 pm. Call Mr. Williams @978-239-9994

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retiring to Florida

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.