First Rate Restaurant & Bar Location - Boston

Boston, MA
Suffolk County

Asking Price: Annual Revenue:
$750,000 $2,500,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: First Rate Restaurant & Bar Location - Boston Broker: Todd Smith

Quick Facts

Asking Price: $750,000
Annual Revenue: $2,500,000
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: Not Disclosed
BBN Listing #: 762324983
Broker Reference #: Not Disclosed

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Business Overview:

First rate Restaurant & Bar location in a popular Boston neighborhood. This site has a long history of success, Patio seating and is perfect for lunch, dinner and a weekend brunch. The sophisticated build-out and design should make this an easy and inexpensive conversion to almost any concept. This is a must see and great value proposition!

FACILITY: The facility and leasehold improvements are in excellent condition
PARKING: Street parking, local city lots/garages
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: Two (2) years with one five-year option
BASE RENT: $19,081 per month (triple nets are $4,181)
CONCEPT: American Restaurant & Bar
SIZE: 3,200 square feet
SEATS: Capacity 163 plus 30 patio seats
HOURS: Open daily
LICENSES: Full Liquor License 1:00 AM (Value $400,000)

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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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