Merrimack Valley Function/Rest. Facility

NOT DISCLOSED, Massachusetts

Asking Price	$9,000,000	Year Established	2005
Annual Revenue	$0	Reason for Selling	Retiring
Annual P/L	$2,000,000	Attention	Dennis S.
Annual Cash Flow	$0	Listing Number	989020
# of Employees		Business Category	Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

EXCEPTIONALLY RARE OPPORTUNITY TO BUY A MAJOR FUNCTION FACILITY, WITH A RESTAURANT & LOUNGE …AND THE REAL ESTATE

LOCATION: North Shore…long highway frontage…4 acres with town sewerage

ASKING PRICE: $9M for the business w/net income over $2 MILLION/yr.

The real estate was recently appraised for $4.5M. SBA and some seller financing is available for a seasoned operator who is creditworthy.

SALES VOLUME IS CONSISTENTLY WELL OVER $3 MILLION PER YEAR

Buy the package for approximately $9M for business and real estate.

SQUARE FOOTAGE of the Bldg.: 18,000 sf. on over 4 acres of land with over 300 parking spaces. The 18,000-sf. bldg. is totally sprinkled with town water.

SEATING: (inside about 600 seats) (outside 500 - 800 seats)

REASON FOR SELLING: Time to retire.

COMMENTS: If you’re in the restaurant/function business and feel it’s time to expand to another level, this is the place. Pristine property, huge reputation, and incredibly loyal repeat customers. Strong, experienced staff will stay. See it…make an offer.

There’s a huge pent-up demand for function, entertainment, and dining. This place has it all!

Property Features and Assets:

<p><br></p><p>18,000 sf. of pristine function space over multiple rooms, and dining room with a great lounge area on over 4 acres of land with over 300 parking spaces. The 18,000-sf. bldg. is totally sprinkled with town water.</p><p>SEATING: (inside about 600 seats)(outside 500 - 800 seats)</p>

Market Competition and Expansion:

<p>None in the immediate area</p>

Additional Details: