Pizza Restaurant&Bar full liquor for sale in North Chelmsford

North Chelmsford, MA
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Asking Price:$500,000
Gross Revenue:$1,070,000
Rent:$5,000
Cash Flow:$250,000
Inventory:$25,000
Established Year:1992
BUSINESS DESCRIPTION

Well-established great opportunity to own a busy and profitable restaurant/pizzeria/Bar business with full liquor for sale. The restaurant is in a superior location in a Free-standing building on a highly traveled route, with high foot traffic year-round. The place can seat up to 150 people. It has a full liquor license until 1 am ( now open only till 9 pm), lottery/keno, a scratch ticket machine with $80k/y net income only from the lottery , and a jukebox for some extra income. It comes with all furniture, kitchen equipment, the brand, system, and the website. The average net income is $250,000+/Year. Large open kitchen. Kit includes a pizza double conveyor oven- which saves energy-, a vertical oven for the roast beef, a walk-in fridge, 2 freezers, 2 cold/salad stations, 2 fry stations, a large grill, and dough machine, microwave, warmer, and 2 soda fridges. 50+ parking spots. The business was established 28 years ago and has been managed by the same owner since 2017. Call today for a private showing.


DETAILED INFORMATION
Location
North Chelmsford, MA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,900
Lease Expiration
30/11/2037
Employees
8
Facilities
Huge parking lot, 50+ spots. The Bar is managed by an expert employee who has worked there since 2014.
Competition
No similar business as a restaurant and bar in one store
Growth & Expansion
Mail coupons to the next-door residential area. Open the bar until 1 am, especially on the weekend.
Financing
The business is qualified for an SBA loan
Support & Training
Yes
Reason for Selling
Personal
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Sam
Takla
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Sam Takla