Business Overview:
POPULAR RESTAURANT & BAR
SALES VOLUME: $30,000/week - $40,000/week in 5 days (closed Monday & Tuesday)
Years Left: 2 + 5 +5
SQUARE FOOTAGE: 6,500 square feet + 50 seats on patio
HOURS OF OPERATION: 5 days…11:30 to 1 AM
SEATING: (inside 265 seats: 165 in restaurant, 100 sts functions) (outside 50 seats)
COMMENTS: This is the premier pub in the area with unlimited parking, excellent visibility, and outstanding reputation for food, service, and entertainment. 3 of the 4 partners do not work in the business…one partner is the chef carrying all the burdens for the other three. Business presently NETS OVER $100,000/Year.
This business can be acquired for $150,000 cash.
Contact Dennis for details.
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Property Features and Assets:
Unlimited parking, huge traffic flow...unbeatable location and visibility.
Market Competition and Expansion:
None on the whole south shore.
Reason for Selling:
Partnership break up.
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.
Documents:
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