Business For Sale

Popular Local Tavern

Salisbury, MA
Essex County

Salisbury, MA

Asking Price: Annual Revenue:
$350,000 $1,300,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Popular Local Tavern Broker: Betsy Masucci
Owner Financing is Available!
Down payment: $150,000 cash Owner Financing: $200,000. 6% over 3 years

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $160,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 309119596
Broker Reference #: Not Disclosed

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Business Overview:

SELLING PRICE: $375,000 DOWN PAYMENT: $200,000 cash req'd

SALES VOLUME: $22,500/week

LEASE: $4,000/mo (only 4% of sales) Years LEFT: New lease available...real estate
is available.
SQUARE FOOTAGE: 3,500 square feet ($14/square feet)

HOURS OF OPERATION: 6 days...11 AM - 9 PM; closed Mondays

SEATING: 99 seats

COMMENTS: You're going to love this place. Big, clean, and VERY popular. Perfect for a family or a couple of young guys who want to make big money FAST. Keno and Lottery nets an additional $35K per year. You'll have your cash down payment back in your pocket in the first year.
Contact Betsy or email us.

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Property Features and Assets:

Busy bar...big parking lot...busy road.

Market Competition and Expansion:

Proximity to main route makes competition minimal.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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