Pub/Restaurant With Income Producing Property!

Not Disclosed, MA
Norfolk County

Residential Area -3 minutes to downtown


Asking Price: Annual Revenue:
$1,500,000 $735,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pub/Restaurant With Income Producing Property! Broker: Christopher J Tallino
License #: 000002472

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $735,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,270,000
Year Established: 2004
Employees: Not Disclosed
BBN Listing #: 159428786
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Drive down this street and you’ll see a restaurant in a setting that brings to mind Cape Cod or the coast of Maine. Established over 50 years ago, the rustic feel of the dining room is updated, clean, and inviting. At 2,800 square feet, the pub exudes an intimate and fun atmosphere for the family, friends or special occasion. It has a good-sized parking lot, and the adjacent 2-family house with long-term tenants gives you an additional revenue stream from the get-go. This is a must see, especially for an owner who thrives on visibility to a loyal following. Great Growth Potential. Currently only open 30 hours a week
• Norfolk County
• Pub: Yearly Average Sales-$735,000+/-
• Seats: 106
• Square Feet 2,850
• Lot Size: Pub & Home .29
• After 17 years it’s time to retire. The Pub is set up for long term success.
Two Family House
• 2 one-bedroom apartments
• Both 700 square feet +/-
• Eat-in kitchen
• Updated Appliances
• Heat: Forced Hot Air
• Rent Roll: 1st floor $825 2nd floor $875 Pub: $1,500 (able room for increases)
NOTE: The average 1 bedroom apartment is $1,200-$1,500 -increase rental income!
• DEAL OF A LIFE TIME
Offered at $1.5 Million-proof of funds/pre-approval needed.

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Reason for Selling:

Time to retire.

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.

Documents:

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