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Business for Sale Summary

Downtown Bar for sale in Essex County, MA - 31247

Business Type: retailing businesses,restaurant/ cafes,bar/tavern/night clubs
Downtown Bar for sale in Essex County, MA
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Financial Information (non-confidential)

General Information
Asking Price $239,000 Down Payment $239,000
Gross Revenues $580,000 Lease Remaining Register Free to View
Owner’s Cash Flow $115,000 Number of FT Employees Register Free to View

Financing

$239,000 Down and

Business Description

Classic downtown building that has been meticulously restored. All new equipment, electric, plumbing, floors, refrigeration, and much more. It must be seen to take in the jaw dropping transformation. Beautiful office with closed circuit security system. Brand new, excellent sound system was just installed. Great stage inside the bar. Bands are booked all through-out the year. Great mix of rock and country. Owner has set up digital TV's to watch your favorite game. Everyone in the bar-restaurant is top quality. Excellent business model all set in place. Business is rolling and does not need ANYTHING. Almost 500 new condos going in within the next 24 months, all in walking distance. This business has the best parking lot in the downtown corridor. Owner has other restaurants and bars out of state which is the reason for the sale.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.