Boston Pub/Tavern "An Institution"

Boston, MA
Suffolk County

Near State House


Asking Price: Annual Revenue:
$695,000 $1,116,742

Food & Beverage: Bars, Clubs, Nightspots


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RE: Boston Pub/Tavern "An Institution" Broker: Adam Bauer
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $695,000
Annual Revenue: $1,116,742
Net Profit: Not Disclosed
Cash Flow: $158,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1907
Employees: Not Disclosed
BBN Listing #: 94056983
Broker Reference #: Not Disclosed

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Business Overview:

Conveniently located in one of Boston’s most coveted neighborhoods this pub/tavern has been a Boston institution for over a century! The pub’s nostalgic brings you back to a simpler time and this truly is the “cheers” of the neighborhood. Excellent proximity to major hospitals, Boston sports and state government, this hole in the wall pub attracts customers from all different backgrounds. The space boasts 3,000 Square Feet on two floors and seats 108. Open for lunch and dinner from 11 am – 2 am 6 days a week (Sunday 12-12). 75% of revenue is alcohol sales. Liquor license alone has been valued at $400,000 - $500,000. Ownership will help transition. Seller financing negotiable.

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Property Features and Assets:

Turn key operation with over 100 years of goodwill! 3,000 Square Feet space on two floors.

Market Competition and Expansion:

Hands on management could help growth, present ownership is absentee. Promote functions and catering.

Reason for Selling:

Moving / Distance.

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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