Bar/Restaurant Boston’s Hottest Neighborhood

Boston, MA
Suffolk County

Asking Price: Annual Revenue:
$695,000 $2,750,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Bar/Restaurant Boston’s Hottest Neighborhood Broker: Todd Smith

Quick Facts

Asking Price: $695,000
Annual Revenue: $2,750,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 244224983
Broker Reference #: Not Disclosed

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Business Overview:

Prime Bar & Restaurant located in one of the hottest neighborhoods of Boston. Over $3 Million was spent opening the restaurant. The facility is in excellent condition and is an ideal conversion opportunity for almost any concept. This is sited in an ideal location with excellent visibility, foot traffic and activity generators. The right concept should be able to reach $3.5-$4mm here annually.

FACILITY: The facility and leasehold improvements are in excellent condition and has been well maintained
PARKING: Street parking, local lots
EQUIPMENT: The leasehold improvements and equipment are in excellent condition.
LEASE TERM: Fifteen 15 year lease (three five-year options)
BASE RENT: $23,000 per month (that includes the triple nets)
CONCEPT: Bar & Restaurant
SIZE: 5,500 square feet.
SEATS: 160 seats
HOURS: Open late daily
LICENSES: Full Liquor License until 2am

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Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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