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  • 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

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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.

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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

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