Business Overview

Mixed-Use Restaurant / Apartment property and business for sale on Salem Street, Route 97 in Groveland. This well[1]maintained mixed-use opportunity features a well-established freestanding restaurant and pub on the first floor and two 2-bedroom apartments on the second floor. Pub 97 has been a popular restaurant and pub in the Groveland/ Haverhill area since 2009. The business has maintained excellent gross sales numbers through 2020 and YTD 2021, and runs lean with a strong net profit/ SDE. There is a total of 78 seats permitted, with 18 of those at the bar and 60 at tables. In addition to the indoor seating, the city has permitted outside seating which has continued to the present time. Prospective buyers are encouraged to perform due diligence in all aspects of an acquisition. The business will transfer as an asset sale. Please do not inquire within, this is an active business. Additional specific information will be provided upon execution of a Non-Disclosure Agreement.

Financial

Seller Financing Available

  • Asking Price: $1,200,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 1976

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:3,650
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A