Exciting Opportunity to Own Local Bar

Not Disclosed, MA
Essex County


Asking Price: Annual Revenue:
$150,000 $268,904

Food & Beverage: Bars, Clubs, Nightspots


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RE: Exciting Opportunity to Own Local Bar Broker: Joseph Fazio

Quick Facts

Asking Price: $150,000
Annual Revenue: $268,904
Net Profit: Not Disclosed
Cash Flow: $63,257
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 538149435
Broker Reference #: 80041-326495

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Business Overview:

This is a great opportunity to own a full Bar with kitchen! This bar has been around for over 75 years and is located in a busy downtown area. It has become staple in the community and you will find that customers have been going there for multiple generations. The owner works approximately 5 to 10 hours a week with a manager already in place. This is truly a turn-key operation. Currently 80% of sales are alcohol. There is a full kitchen and the opportunity to offer more food. There is a huge potential for a seasoned operator or new chef looking to expand their brand and offer food service. The space is great for hosting an event or live entrainment. There is a full liquor license in place. We have so much more information to share. Contact us today.

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Property Features and Assets:

Established 1944.

Market Competition and Expansion:

Closest competitors are: Local Bars and Taverns that serve Domestic, Foreign and Micro Brews. This Irish Bar and Restaurant offers Pool tables, Darts and a Bar Menu for Lunch and Dinner. Very few local restaurants offer live entertainment and function hall space in addition to great service too. This local bar sets itself apart from others for its reputation, long-standing customers, and prices they offer. Potential Growth: Opportunities for growth include but are not limited to: updating website and social media presence, expanding the menu, offering more entertainment, and hosting events.

Reason for Selling:

Relocating

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.

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