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Business for Sale

Sports Bar & Grill for Sale in Essex County, MA
Essex County, MA

Listing #27388

   
Financial Information (non-confidential)
Asking Price $448,000.00 Gross Revenues $950,000.00
Down Payment $300,000.00 Owner’s Cash Flow $150,000.00

Financing: $300,000.00 Down and $148,000 at 6%

Reason for Selling:Selling due to other interest

Sports bar and grill on the North Shore for sale. Owner financing available. Here is you chance to own a busy sports bar, just north of Boston. This popular restaurant seats just over 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. 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 a separate sale for $1.6M. Please give the broker a call for further information at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg
Vested Corporate
Senior Business Broker
877-735-5224
corporate@vestedbb.com
Servicing Area:
Vested Corporate

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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