Business For Sale

Modern Restaurant & Bar – Bordering Boston

Not Disclosed, MA
Norfolk County


Asking Price: Annual Revenue:
$1,300,000 $1,400,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Modern Restaurant & Bar – Bordering Boston Broker: Todd Smith

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 248324983
Broker Reference #: Not Disclosed

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Business Overview:

Modern Restaurant & Bar with full liquor & entertainment. This high profile site has several drawing points and a widely ranged customer base. Over $1.3 million was spent on the design and build-out. The restaurant has a capacity of 170 persons with a highly visible Patio. This site is a great fit for almost any concept.

FACILITY: High profile site with a top of the line build-out and equipment package
PARKING: Street parking, local lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:47 years remaining, with options
BASE RENT: $14,500 NNN
CONCEPT: Modern Bar & Kitchen
SIZE: 8,263 square feet total- Ground Floor 3100 SF, with 938 SF Patio space, in addition 3100 SF of basement / BOH / prep /
office space, with 1125 SF of parking space as part of the lease
SEATS: 122 inside; 44 on the patio
HOURS: Currently Closed
LICENSES: Full Liquor License (10a-1a) & Entertainment License
SALES: $1,400,000 first year sales

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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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