Boston Seaport-Watering Hole\Restaurant

Boston, MA
Suffolk County

Boston Seaport

Asking Price: Annual Revenue:
$900,000 $2,100,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Boston Seaport-Watering Hole\Restaurant Broker: Dennis Serpone
Owner Financing is Available!
Seller and SBA Financing Readily Available!

Quick Facts

Asking Price: $900,000
Annual Revenue: $2,100,000
Net Profit: $250,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 20
BBN Listing #: 499419596
Broker Reference #: Not Disclosed

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Business Overview:

• TYPE OF BUSINESS: Local watering hole & restaurant with high-end clientele.
• LOCATION: Boston Seaport
• SELLING PRICE: $900,000
• DOWN PAYMENT: Seller and SBA Financing Readily Available!
• SALES VOLUME: $40,000- per week
• SQUARE FOOTAGE: 6,700 ft.²
• HOURS OF OPERATION: Open daily 4pm - 2am
• SEATING: (inside 400 seats) (outside 50 seats)

Profitable in the first year with absentee ownership and a marginal FOH management team. Located in the highly desirable Boston Seaport neighborhood. The design, décor and menu attracts a high-end customer base. 50 seat outdoor patio. Tremendous event business, meeting friends, night on the town. Set up well for live entertainment and many concepts.
NETS $250,000

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Property Features and Assets:

New furnishings, new equipment, $2 million buildout just over a year ago. All warranties still in place with many years of life left in equipment. Very attractive lease terms. Current owners spent over $45,000 in legal fees negotiating a lease well below comparables. Very busy location inside 500 room hotel.

Market Competition and Expansion:

Right on the waterfront. Inside a 500 room hotel. Closest watering hole to Boston convention center and all that it offers. A magnet for business after convention center events. Boston Seaport District is the fastest growing area in the city. Plans are already in place for two more hotels on same block. Multiple condos and residences plus retail. Lots of traffic. Tons of exposure from convention center. This location has it all!

Reason for Selling:

Owners wish to focus on real estate investments.

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.


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