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- RE: Medfield-Millis Awesome Sports Bar
- Contact: John F
Quick Facts
Asking Price: | $325,000 | |
Annual Revenue: | $1,500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $125,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 946155 | |
Broker Reference #: | JR157 |
Business Overview:
MEDFIELD AREA~SPORTS BAR
SELLING PRICE: $325,000 DOWN PAYMENT: 100,000
SALES VOLUME: $28,000 - $32,000/week
LEASE: $7,500/month includes NNN Years left:2 1/2 + 2/5 year options
SQUARE FOOTAGE: 6,200 square feet.
HOURS OF OPERATION: 7days Monday - Tuesday 4-10 Thursday-Satureday 12-1 Sunday 12-9
SEATING: 300 inside
Estimated Annual Net Profit: Not Disclosed
REASON FOR SELLING: Moving on to another project.
COMMENTS: THE ULTIMATE SPORTS BAR. The open floor plan and bar area is surrounded by huge TVs on all of the walls with a state-of-the-art sound system. The bar features over 30 draft beers that are kept cold in the biggest draft beer cooler you may ever see. The menu covers the gamut from wood fired pizza to seafood and more. Rent is $7500 inc. NNN for the expansive 6,200 sf, which includes a 30-seat meeting room that is perfect for Fantasy sports leagues to have meetings in. Long term lease and a motivated seller.
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Property Features and Assets:
Located in a very visible strip mall on a heavily travelled numbered route. The open floor plan and bar area is surrounded by huge TVs on all of the walls with a state-of-the-art sound system. The bar features over 30 draft beers that are kept cold in the biggest draft beer cooler you may ever see.
Market Competition and Expansion:
No competition of this size and magnitude. Expand with more catering, party platters and third-party delivery. Also host fantasy sports leagues.
Reason for Selling:
Other projects need more attention
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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