Owner Financing is Available!
Business Overview:
Irish Pub & Restaurant with Real Estate just north of Boston. This is a long established and successful business; the owner is tired and ready to retire. A new Buyer could run with the existing concept or convert to something different. With the facility and Full Liquor & Entertainment Licenses it is ideal for most any concept. The Seller is motivated; asking $349,000 for the Business or $1,185,000 for the Business & Real Estate
FACILITY: The Restaurant is approximately 3,500 square feet on the first floor, plus a second story
CONDITION: The building and restaurant are in good condition and have been well maintained.
PARKING: Private lot plus with 72 plus spaces and on street parking and adjacent lots.
EQUIPMENT: The equipment has been well maintained and is of good quality.
CONCEPT: Irish Pub & Restaurant
SEATING: 236 seats for patrons inside plus 65 seats outside
HOURS: 11:00AM –1:00AM
LICENSES: Full Liquor & Entertainment with Live Music
SALES: Approximately $700,000 per year (historically much higher $1,200,000)
CASH FLOW: Approximately $125,000 per year
REAL ESTATE: Has been appraised for $780,000
RENT: $6,000 per month NNN (TBD if real estate is not purchased)
ASKING PRICE: $349,000 for the Business or $1,185,000 for the Business & Real Estate
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.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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