Very Profitable Restaurant & Bar - Somerville

Somerville, MA
Middlesex County

Asking Price: Annual Revenue:
$1,087,500 $3,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Very Profitable Restaurant & Bar - Somerville Broker: Todd Smith

Quick Facts

Asking Price: $1,087,500
Annual Revenue: $3,500,000
Net Profit: Not Disclosed
Cash Flow: $450,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 625224983
Broker Reference #: Not Disclosed

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Business Overview:

Very Profitable Tavern/Bar with a long history of success. This is a rare opportunity; please email for details. Bank financing is available for qualified Buyers.

PARKING: Street parking & local municipal lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:15-year lease
BASE RENT: $21,000 per month
CONCEPT: American Restaurant
SEATS: Capacity of 140
HOURS: Open daily 10a-9p; open until 10p on weekends
LICENSES: Full Liquor License
SALES: $3,500,000 (35% alcohol, 65% food)
CASH FLOW: $450,000 per year

ASKING PRICE: $1,087,500 (For the Business) – Financing Available for Qualified Buyers.

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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