Request More Information Contact the Seller
- RE: Cool Boston Bar & Restaurant
- Contact: Todd Smith
Quick Facts
Asking Price: | $995,000 | |
Annual Revenue: | $1,665,000 | |
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 #: | 724224983 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Cool Boston Bar & Restaurant. This neighborhood Bar & Kitchen has been fully renovated with new furniture, fixtures, and equipment. The design and finishes are first-rate. With two floors over 4,456 square feet and 170-person capacity there is a lot of room for growth. Sales are growing back to their $2.5MM mark prior to COVID. Sales and profit could be grown dramatically by staying open past 10:00 PM. There is a 2:00 AM liquor license.
FACILITY:Brand new facility with top-notch build-out and FF&E package
PARKING:Street Parking & City Lots – parking across the street from 5pm on
EQUIPMENT:The equipment is in excellent condition and has been well maintained.
LEASE TERM:New Lease with Options Available
BASE RENT:$15,000/month NNN
CONCEPT:Restaurant & Bar
SIZE:4456 square feet
SEATS:Capacity for 170 – 30 additional outdoor seats available seasonally
HOURS:Open daily at 4pm on weekdays, 10am on weekends
LICENSES:Full Liquor License (Hours 8:00 AM – 2:00 AM)
SALES:$1,665,000 in 2022; Historical sales of over $2.5 million
ASKING PRICE: $1,150,000 (For the Business) Some Seller Financing Available for Qualified Buyers.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
- View more Massachusetts businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information