Outstanding Pub Opportunity Middlesex County

Not Disclosed, MA
Middlesex County

Asking Price: Annual Revenue:
$125,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Outstanding Pub Opportunity Middlesex County Broker: Todd Smith

Quick Facts

Asking Price: $125,000
Annual Revenue: $500,000
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 #: 558024983
Broker Reference #: Not Disclosed

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Business Overview:

Excellent opportunity for an owner/operator to buy this Gold Mine waiting to happen! Pub/Restaurant with great location in the business district – lots of foot traffic and many new residences under construction. Historical sales for past restaurants were in the $1.3 million range. Huge opportunity to increase sales and profits; add Keno, expand on the entertainment. The space is tired and needs an update/concept change. Easy conversion to just about any concept. A Burger/Sports Bar would kill it here! Sellers are motivated and will finance qualified buyers with a Fifty Percent Down Payment! THIS IS A MUST SEE! PERFECT FOR A FIRST TIME OWNER/OPERATOR! There may be funding available from the town for beautification of the exterior.

PARKING: Street Parking
EQUIPMENT: Equipment is in good condition and has been well maintained
LEASE TERM: 3 years remaining on lease with two 5-year options
BASE RENT: $6,000 per month NNN
CONCEPT: Bar & Grill
SEATING: 150 seats
SIZE: 3,000 square feet
HOURS: Open daily 11:00am - 1:00am
LICENSES: Full Liquor, Health, Building, Fire
SALES: $500,000 per year (Sales 65% Alcohol 35% Food)
ASKING PRICE: $125,000 For the Business (Landlord May Be Willing to Sell the Income Producing RE)

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Additional Details:

  • The property is owned.
  • 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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