Business Overview:
Prominent Boston theater area property manager looking for a seasoned successful restaurant operator to take over their food & beverage, function and catering business. Presently closed...full liquor & entertainment licenses. Last year, the restaurant did $1.7 MILLION in sales and the function, catering was about $2 MILLION. The restaurant seats 120 people, the two smaller function rooms each hold about 80 people. The larger function room holds 200 people.
Two large kitchens and huge refrigeration rooms ...everything is first classl!
There are no set demands for lease fees, rent or profit-sharing. These will be worked out in negotiating with an interested operator.
An acceptable candidate will have to be a successful restaurateur and/or function owner (i.e. restaurant management companies, catering companies, function facilities, and multi-unit restaurant operators)
An operator can be chosen to just take over the restaurant and catering and a second operator for the functions.
This is truly an EXCEPTIONAL OPPORTUNITY!
Call Betsy at 617-840-5606 or email betsy817@verizon.net or Dennis Serpone at dserpone@comcast.net.
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Property Features and Assets:
2 Large kitchens, huge refrigeration rooms, various function rooms...all first class!
Market Competition and Expansion:
There is no better location in Boston...tourists, office workers, parking garage and a strong loyal customer base. Open the doors and you'll be making money!
Reason for Selling:
covid
Additional Details:
- The property is owned.
- 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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