Business For Sale

MIDDLEBORO- Restaurant-lounge & Functions-A STEAL.

Middleboro, MA
Plymouth County

Plymouth area


Asking Price: Annual Revenue:
$750,000 $3,700,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: MIDDLEBORO- Restaurant-lounge & Functions-A STEAL. Broker: Bob Cioffi
Owner Financing is Available!
NEGOTIABLE

Quick Facts

Asking Price: $750,000
Annual Revenue: $3,700,000
Net Profit: Not Disclosed
Cash Flow: $325,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: Not Disclosed
BBN Listing #: 949619596
Broker Reference #: BC65

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Business Overview:

STEAL IT!-South Coast of Mass-Towards Rhode Island./Greater Plymouth area/ MAJOR PRICE DROP
Free Standing Landmark Restaurant-Lounge & Functions.
Price $750,000.......with 200k dn/ owner will do creative financing./ GET YOUR INVESTMENT BACK IN 2 YEARS-WOW!

Sales: $75,000 per week-$3.8 Million year/
Lease: $22,000 per month (NNN included) only 7% of sales.!

Square Footage: 13,000 square feet / Full dry basement on 3.5 acres of land
Hours: 7 days/ 11.30am till 11pm ( varies on late functions)
Seating :(499 includes 200 function room).
.
Recently Spent $160,000 for state of the art refrigeration
Restaurant has town sewage & Water.
Large parking lot for Functions & Restaurant Business.
here's your chance to own this famous landmark
Free standing with picture area for functions & Weddings
Cozy lounge to compliment the comfortable dining room
Excellent cash flow and ROI.
Serious clients only.
Confidentially form (NDA) required for all inquiries
Contact Bob or email us.
This will not last, great time to get ready for wedding and restaurant season.

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Property Features and Assets:

Free standing 13,000 square feet on 3.5 acres of land. Private Function Room Lounge & Restaurant Good condition.

Market Competition and Expansion:

There is nothing like this around.

Reason for Selling:

Owner has other Business DEMANDS

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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