Business For Sale

Lovely Restaurant & Bar - Lowell

Lowell, MA
Middlesex County


Asking Price: Annual Revenue:
$199,900 $275,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Lovely Restaurant & Bar - Lowell Broker: Todd C. Smith

Quick Facts

Asking Price: $199,900
Annual Revenue: $275,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 319724983
Broker Reference #: Not Disclosed

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Business Overview:

Long Established and well known Restaurant & Bar on a busy street with a lovely, modern interior. The facility has a first rate build-out and equipment package, 125 person capacity, full liquor and entertainment licenses. This turn-key facility is easily converted to any concept.

PARKING: On street and public and private lots.

EQUIPMENT: The equipment is in good condition and has been well maintained and is of good quality.

LEASE TERM: Owner will negotiate a favorable lease with new buyer.

BASE RENT: $3,000 per month plus % of taxes, water and utilities

CONCEPT: Restaurant/Bar/Functions

SEATING: Capacity of 125 persons

SIZE: 3,000 square feet plus full basement with walk in cooler

HOURS: Closed Monday. Tues-Friday from 5pm until close. Sat/Sun from noon until close.

LICENSES: Full Liquor (2:00 AM) plus entertainment license.

SALES: $275,000.00

ASKING PRICE: $199,900 (For the Business)

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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