Owner Financing is Available!
Business Overview:
Turnkey Family Style Bar and Restaurant Opportunity Plus Liquor License For Sale For $399,000! This restaurant has shown consistent growth and is one of only two full service liquor licensed establishments in town, and one of only four full service restaurants within a 7 mile radius. This is an excellent opportunity for a chef operated venture! A family-style pub with 4 consecutive years of growth with little or no competition in the area. Strong sales of over $10,000 weekly, with minimal hours (4:00pm-10:00pm Monday through Thursday, 12noon to11:00pm Friday though Saturday). Put your personal touch on this place, or just seamlessly take over and expand the already flourishing business. Owners are looking to pursue other interests. Purchase just the business for $399,000, or negotiate the sale of the real estate too. Approximate cost of the real estate is $550,000.
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:
Located in a free standing 2,500 square feet building on a high traffic commuter road in Essex County, Massachusetts. This is a high income area, where more young families are moving in everyday. There is lots of parking and great street visibility. Golf courses as well as area shopping brings in a lot of people from surrounding communities. Two high schools within five miles so this is a good opportunity to make a presence in the community through fundraisers/ promotions with local schools. Great area to relocate.
Market Competition and Expansion:
A new owner could easily grow the business by expanding hours, but the business is already putting up strong numbers with the current hours of operation. Very little competition
Reason for Selling:
Owner is pursuing other interests
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.
- This is not a distressed business or bankruptcy situation.
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