Business For Sale

TEWKBURY-Very Successful Pub/ Rest./ Entertain

Tewksbury, MA
Middlesex County

Tewksbury...Rte. 38


Asking Price: Annual Revenue:
$399,000 $1,100,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: TEWKBURY-Very Successful Pub/ Rest./ Entertain Broker: Rick Kezima
Owner Financing is Available!

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,100,000
Net Profit: $250,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 12
BBN Listing #: 204819596
Broker Reference #: Pub-789

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Business Overview:

LOCATION: Tewksbury, heavily traveled major route.
SELLING PRICE: $399,000
DOWNPAYMENT; $150,000 cash required.

SALES VOLUME: $21,000-$22,000 weekly. 75% Liquor 25% Food.
LEASE: $6,300 plus NNN $1,750 . Rent is less than 10%.
SQUARE FOOTAGE: 6,200 Square Feet (Two Rooms Two Bars...FUNCTIONS
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HOURS OF OPERATION: 7 Days per week 11:30 AM to 12:30 PM. SEATING: TWO Rooms: Main Room and bar 140 seats.

Great operation. Plenty of parking. Good Strong Steady Clientele. Strong Liquor Sales and very profitable Lottery. Mid-Week Night Karaoke. Friday and Saturday night live music. All equipment and furniture in very good shape.All sales and taxes are recorded. Second bar and function room great for special events and over flow on busy nights. St. Patrick's Day sales alone were over $20,000!!!!! Great chemistry throughout.
You can't lose on this opportunity. You have to tour this place to understand and appreciate the value this presents!
LOTTERY COMMISSIONS OVER $25,000 per year. Employees are NOT aware of sale.

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Property Features and Assets:

Big open bar plenty of seating and stage for the live entertainment. Second room and bar is just perfect for that special event or function, seats 60. strong building and sits on a major numbered highway with high traffic count.

Market Competition and Expansion:

There is not another "PUB" type setting in the area. With a great draft beer selection, great food, live entertainment , lottery and comfortable surroundings this business has been profitable for many years. Owner is moving on.

Reason for Selling:

Retiring Moving On.

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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