Iconic North Shore Boston Restaurant and Bar

Not Disclosed, MA
Essex County


Asking Price: Annual Revenue:
$645,000 $745,119

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Iconic North Shore Boston Restaurant and Bar Broker: Aaron Fox

Quick Facts

Asking Price: $645,000
Annual Revenue: $745,119
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: 11
BBN Listing #: 47049435
Broker Reference #: 80041-510464

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Business Overview:

Iconic North Shore restaurant located in a very desirable historic area. Located within walking distance of area attractions, the beautiful historic waterfront and many other amenities, this year-round full-service restaurant and bar is a destination for locals and tourists alike. All furniture, fixtures, and equipment are virtually brand new and thoughtful renovations have been done throughout operations to keep an attractive and welcoming appearance for patrons.

The location is currently running a limited schedule operating 4-5 days/week and averaging between $24,000 - $25,000 in weekly sales. The staff is currently in place and the managers are trustworthy and experienced.

The restaurant features a full dining room, outdoor patio seating, full-bar with pub-style seating and a function room. A true icon in the area!
Rent - $6,500/Month NNN. Landlord open to long-term lease.
1,900 + square feet on 1st floor & 1,100 +/- square feet basement storage space
Seating Capacity - 95 person
Full Liquor License (1am)
TV and Music Entertainment License
Fully renovated and updated.

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.

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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