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ARLINGTON AREA-Middlesex County Restaurant/Pub

Middlesex County, MA

Seller Financing Available

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Asking Price:$295,000
Gross Revenue:$1,200,000
Cash Flow:$125,000
Listing ID: 2232325Listing provided by BizBuySell
BUSINESS DESCRIPTION

RESTAURANT PUB...very popular, limited, easy menu

SELLING PRICE: $295,000 DOWN PAYMENT: $150,000

SALES VOLUME: $28,000/ wk. Delivery: 20%

LEASE: $5,100 (NNN Inc.) YRS. LEFT: 7 yrs.

SQUARE FOOTAGE: 2,000 sf

HOURS OF OPERATION: 11 AM-11 PM, 7 Days

SEATING: (inside) 90 (outside) 75

SIGNED NDA Required

COMMENTS: Flourishing pub-style restaurant in a Boston bedroom community. Extremely comfortable interior décor. Ample on and off-street parking. Just add catering and party platters and the sky is the limit. If you are a chef or talented cook prepared to work and hit that $200,000 income level, this is the place. After 30+ years in the business, the owner wishes to retire after a smooth transition. With loving care this gem will be yours to enjoy for years to come.

ATTACHED DOCUMENTS
Confidentiality Agreement Download
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Facilities
Very well-maintained F, F, &E plenty of parking, basement
Competition
Very consistent with a lot of repeat business. Very little competition in its style.
Growth & Expansion
Add catering, party platter and entertainment.
Financing
$180,000 down w/ bal. at 6% for 3-5 years
Support & Training
As needed, seller wants a smooth transition.
Reason for Selling
Retiring
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John
Ruggieri
NATIONAL RESTAURANT EXCHANGE
Phone Number
John Ruggieri
Call Phone