Newburyport/Salisbury Bar & Grill
| Asking Price: | $325,000 |
ADDRESS: Salisbury, Massachusetts 01952
PROPERTY: Free standing, single story building with excellent signage and parking.
FLOOR PLAN: The restaurant is approximately 3,500 square feet and features a bar & lounge section, a dining room, kitchen, dish and prep stations, rest rooms, storage and an office. There is no basement.
PARKING: There are approximately 50 parking spaces.
SEATING: The restaurant is licensed for 99 patrons.
CONCEPT: Casual theme and moderately priced pub. The floor plan is very adaptable for multiple concepts.
LICENSES: There is a Full Liquor License and Massachusetts Lottery License.
HOURS: Open 5 days. Wednesday – Thursday 11:00 AM – 9:00PM Friday & Saturday:11:00AM – 9:00PM
Sunday: 12:00PM – 9:00PM Monday & Tuesday: Closed
SALES: Sales in 2023 were approximately $1,279,737.
RENT: The current base rent is $5,000 mo., NNN / $60,000 yr., NNN
LEASE TERM: There are approximately four (4) years remaining. The landlord may consider providing a longer lease.
POTENTIAL: There is potential to increase sales by extending the hours of operation and opening 7 days a week.
PRICE: The asking price for the assets of the business is $325,000.
Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and conditions.
