An Exclusive Newbury St Restaurant Space

Boston, MA
Suffolk County

Newbury St


Asking Price: Annual Revenue:
$99,500 $620,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: An Exclusive Newbury St Restaurant Space Broker: Dariusz

Quick Facts

Asking Price: $99,500
Annual Revenue: $620,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 713457209
Broker Reference #: Not Disclosed

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Business Overview:

An exclusive opportunity to own a restaurant with high visibility on the coveted Newbury St. Currently operating as a Sushi restaurant, this location is ideal for any concept that does not require a hood (although a hood can be installed if needed). It’s an easy to manage space that will be busy year round.

The restaurant itself features 27 seats inside and 16 seats on its street level outdoor patio. Particularly appealing are the small upfront costs; the beer/wine license is currently rented from the landlord at a rate of $6,800/year and does not require a purchase or a license transfer from the city. This can be a seamless transition.

Low overhead and competitive lease terms of approximately $13,000 NNN/month make this an extremely desirable opportunity to own a restaurant in the highest traffic area of Boston. Landlord is open to negotiating a lease extension.

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.

Property Features and Assets:

A dining area of approximately 1,300 square feet in size, featuring a full kitchen (no hood) and permitted for 27 seats. An outdoor patio area of approximately 700 square feet in size and permitted for 16 seats.

Reason for Selling:

Retirement

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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