Sports Bar & Grill For Sale - 27388

Essex County, MA
Essex County

Asking Price: Annual Revenue:
$448,000 $950,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Sports Bar & Grill For Sale - 27388 Broker: Christoper Gordon
Owner Financing is Available!
$300,000.00 Down & $148,000 at 6%

Quick Facts

Asking Price: $448,000
Annual Revenue: $950,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 23684447
Broker Reference #: 27388

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Business Overview:

Sports Bar & Grill North Shore Owner Financing Here is you chance to own a busy sports bar just north of Boston. This popular restaurant seats just over a 100 customers This grill has amazing pub food and homemade pizzas to eat while you watch the game. The restaurant does a large take-out business. It has been a restaurant since the mid 1950's. Located in a thriving neighborhood with a large parking lot for the area. In a very busy area. There is a large function room that is not being utilized to it's full potential. Could be a great spot for a club, pool hall or ping-pong lounge. Bar has many advantages grandfathered in that makes it much easier to operate than trying to establish a new pub/bar with all the new restrictive regulations. The business has a liquor license that is transferable with the sale. Keno is extremely popular with the customers here. Current owner is looking to retire after many years. Owners will offer owner some owner financing to qualified party. Owner is selling real estate with business as separate sale for $1.6M Please give the broker a call for further information.

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Reason for Selling:

Other Business Interests

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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