Pub 97- Restaurant For Sale- Groveland, MA

935 Salem Street, Groveland, MA

$300,000

Price

0.91 acres

Lot Area

100%

Occupancy

Overview
Lot Area
0.91 acres
Occupancy
100%
Year Built
1976
Floors
2
Parking Spots
50
Roof
Asphalt Shingles
Description

Popular and profitable Pub 97 for sale on Salem Street, Route 97 in Groveland. This well-established freestanding restaurant and pub is on the first floor, with two 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 strong gross sales numbers through 2020 and YTD 2021, and runs lean with a strong net profit/ SDE. There are 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. Lease of the premises is $3,000/ month NNN. The property is available for sale as well, total price $1,200,000.


Well situated on Salem St, Route 97 in Groveland


78 Seat Restaurant/ Pub
50 Parking Spaces
Well Located on Well Traveled Road
Strong Financials
Well Maintained Property


Location