Business for Sale Overview:
Restaurant in downtown Boston with very desirable location in a high profile and affluent neighborhood with a dense population of local residents, office workers and shoppers. This is a highly visible and accessible site with outdoor seating and tremendous growth potential.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The restaurant space is approximately 2,500 square feet with a 80 person seating capacity. The space consists of a dinning rooms, kitchen and bathrooms and a full basement. There is also outdoor seating.
Market Competition and Expansion:
Licenses: Beer & Wine, Common Victualler.
Sales: The sales are approximately $630,000 annually.
Cash Flow: $125,000 annually.
Rent: The rent approximately $84,000 annually.
Lease: The current lease has five (5) years remaining with one ten (10) year renewal option; however the landlord is most likely going to want to sign a new lease. The landlord is very easy to deal with.
Reason for Selling:
Moving
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.