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Full Service Restaurant And bar With Banquet Room For Sale

South of Boston, Massachusetts
Asking Price:
$295,000 (USD)
Sales Revenue:
$1,500,000 (USD)
Cash Flow:
$225,000 (USD)

A beautiful full-service restaurant with an active banquet facility is being offered. Located on a numbered highway, in a dense active community, is a tremendous opportunity to bring your concept to its next level or enhance the current which is well received in the community. A gorgeous large mahogany bar is located in a warm lounge/ dining room area. The dining room has a cozy feeling. An outside patio and bar offers additional revenue opportunities. A 40% beverage mix is very healthy for profit making. Owner is pursuing other interests. This is priced to move.

FACILITY: Free-standing building
PARKING: Parking for up to 140
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 14 years remaining
BASE RENT: $10,824 NNN (includes Real Estate taxes and any common area charges)
CONCEPT: Full Service Pub Style
SIZE: 7000 sq.ft.
SEATS: 340 licensed-- currently 120 banquet- 30 bar- lounge/dining room 175
HOURS: Mon-Thurs 3pm-1am; Fri-Sun 11:30am-1am
LICENSES: Full Liquor AA with Entertainment.

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Real Estate:

Lease

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