Full Service Restaurant/Bar & Banquet Room

Not Disclosed, MA
Bristol County

Asking Price: Annual Revenue:
$295,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Full Service Restaurant/Bar & Banquet Room Broker: Todd Smith

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 341924983
Broker Reference #: Not Disclosed

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Business Overview:

A beautiful full-service restaurant with an active banquet facility is being offered. Located on a numbered highway, in a dense active community, is a tremendous opportunity to bring your concept to its next level or enhance the current which is well received in the community. A gorgeous large mahogany bar is located in a warm lounge/ dining room area. The dining room has a cozy feeling. An outside patio and bar offers additional revenue opportunities. A 40% beverage mix is very healthy for profit making. Owner is pursuing other interests. This is priced to move.

FACILITY: Free-standing building
PARKING: Parking for up to 140
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 14 years remaining
BASE RENT: $10,824 NNN (includes Real Estate taxes and any common area charges)
CONCEPT: Full Service Pub Style
SIZE: 7,000 square feet
SEATS: 340 licensed-- currently 120 banquet- 30 bar- lounge/dining room 175
HOURS: Monday - Thursday 3pm-1am; Friday - Sunday 11:30am-1am
LICENSES: Full Liquor AA with Entertainment.

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Additional Details:

  • The property is leased.
  • The owner is not 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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