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Business For Sale

Lounge/Restaurant/Club- Prime Location,Established

Revere/Saugus Area, MA

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$300,000
Not Disclosed
Not Disclosed
$400,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
4
484819596
Owner Financing is Available!

Business Overview:

TYPE OF BUSINESS: RESTAURANT/ NIGHTCLUB ?2 LOUNGES ??LOCATION: North of Boston major very busy route ??SELLING PRICE: $300,000 with $150K cash required ??SALES VOLUME: $8K-$10K/wk absentee owner 2-4 ?nites/wk ?85%+ of LIQUOR SALES. ??LEASE: New lease available ??SQUARE FOOTAGE: 5,000 sf 2 big bars, 2 big dance ?floors. ??SEATING: 300 seats in two rooms ??HOURS OF OPERATION: Nights only Friday & ?Saturday ; other nights depending on season ??

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.

Property Features and Assets:

Great visibility, large parking lot and easy access. Facilities: 2 Large rooms with bars in each. Plenty of room for entertainment , sport tvs, food and dancing

Market Competition and Expansion:

What an OPPORTUNITY for a seasoned ?Nightclub/Restaurant operator to take your concept to ?another level. ?PERFECT AREA & FACILITY FOR AN ?Upscale Burger/Chicken/Specialty Beer and/or Martini ?Bar , Sports Bar, Tapas Restaurant and Lounge or an ?Irish Pub .?Great visibility, huge parking, easy access.??Underutilized kitchen offers you the opportunity to ?make BIG money all cash. Add days and hours to increase profit.

Reason for Selling:

Owns several businesses-wants to free up time

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.

Resources: