Business For Sale

METHUEN AssetSale$59.9k Full Liquor Successful Bus

Methuen, MA
Essex County


Asking Price: Annual Revenue:
$59,900 $600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: METHUEN AssetSale$59.9k Full Liquor Successful Bus Broker: Marie

Quick Facts

Asking Price: $59,900
Annual Revenue: $600,000
Net Profit: $150,000
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 8
BBN Listing #: 115119596
Broker Reference #: MF

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Business Overview:

TYPE OF BUSINESS: ASSET SALE including Full Liquor, updated buildout, furniture, equipment
Continues to operate as a Successful Restaurant/Full Liquor/Bar

LOCATION: Haverhill/Methuen Area
Very busy main road, parking lot

SELLING PRICE: $59,9000 CASH
PRICED LOW as owner is moving business to larger location! Was $150k
Best DEAL IN TOWN!

SALES VOLUME: $12,000+ % DELIVERY: None

LEASE: $2,890. NNN $850 Years LEFT: 4 with 3 -5 year options

SQUARE FOOTAGE: 1,368 square feet.
(Option may be available for another 3,000 square feet of space)

HOURS OF OPERATION: Monday - Wednesday 11:30-9 Thursday - Saturday 11:30-10 Sunday 11:30-8
1:00 a.m. Liquor License
SEATING: (inside 52 seats) (outside 12 seats)

COMMENTS: Beautiful build-out.Owner has done so well, decided to move his concept to a larger location. Opened in July 2017 , the overall trend has been straight up. With a fast and loyal following, sales in early fall topped off at $12,000 a week. Up to code including 2 bathrooms-handicapped accessible. An experienced hands on operator will take this to top. Plenty of upside by building up catering and/or bar hours.
Call or email Marie to view this location.
Subject to errors, omissions, prior sale or withdrawal from the market…all without notice.
ALL INFORMATION IS FURNISHED BY SELLER; BROKER DOESN’T CERTIFY, WARRANT THIS INFO.

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Reason for Selling:

Moving concept to larger venue

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.

Documents:

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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