Owner Financing is Available!
Business Overview:
Well established and Successful Restaurant & Bar concept located in the Metro-west area of Boston. This is a strong site and beautiful facility that has been recently renovated. This is an excellent conversion opportunity with the Full Liquor License and below market rent. The restaurant has a history of much higher sales when the Operator was present. The current Operator has multiple locations and is running this absentee as a result. An actively participating Operator could grow sales and the bottom line dramatically. The Seller is also willing to license the name and concept to the Buyer if they want to keep the name and brand.
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:
LOCATION: Excellent site in a high traffic area with very desirable demographics
FACILITY: The space is approximately 2,500 square feet with a 100 person seating capacity plus outdoor patio seating.
LICENSES: Full Liquor License (Midnight) Entertainment may be available with the town.
PARKING: Adjacent lots and on street parking
LEASE TERM: Five (5) years remaining on the current lease with one five (5) year option available
BASE RENT: $6,000 per month
CONCEPT: Full Service Restaurant & Bar
SEATING: There is seating for 100 patrons inside plus outdoor seating
HOURS: 11:00 AM – Midnight
SALES: Approximately $1,100,000 in 2010 ($1,700,000 in 2008)
Reason for Selling:
Owner has too many restaurants
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.