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Profitable Bar For Sale in a College Town

21/wk
Greater Worcester, Massachusetts, United States
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Asking Price$180,000
Revenue$324,472 Established2007
Cash Flow$90,129 Employees8 part-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This 10-year-old tavern in Worcester County bordering Connecticut is a local favorite gathering place with a loyal customer base. It's a well-established business on approx. 2400 sq feet of leased space and it makes for an excellent investment for an experienced bar/tavern operator. It has all the necessary logistics with suppliers/vendors in place and a very close-knit customer base. Entertainment options provided are - Darts, Cornhole, Lottery/Keno, Pool tables, Juke box, DJ/Dance nights, Music nights, and Karaoke nights. Seller is an absentee owner and the bar operations are managed by her father on a part-time basis. The bar is for sale since the Seller's father has severe health issues, and the long commute from home is making it difficult for him to operate the bar. Seller and the key operators of the business will provide up to 100 hours of training and orderly turnover, during the three weeks after the close of escrow. Seller and the key operators will sign a 3-year non-compete agreement. Seller has a number of growth ideas that can benefit the buyer. Interested in learning more? For a complete presentation, please contact Sanjay Ahuja at 508.868.8189.

Required Licenses: Liquor License
Competition:Although there are several bars in the area, this business differentiates itself on the basis of Price and Atmosphere.
Growth Potential:Seller has a number of growth ideas that a buyer can benefit the buyer. Interested in learning more? For a complete presentation, please contact Sanjay Ahuja at 508.868.8189.
Training/Support:Seller and the key operators of the business will provide up to 100 hours of training and orderly turnover, during the three weeks after the close of escrow. Seller and the key operators will sign a 3-year non-compete agreement.
Sale Reason:Absentee Owners father is the main Operator and he has serious health Issues.
Ad #98228
Seller Reference #BOSTOMA002-N1
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Sanjay Ahuja
8574008420
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