Prime Restaurant & Bar - Boston’s North End

Boston, MA
Suffolk County

North End

Asking Price: Annual Revenue:
$1,299,000 $3,500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Prime Restaurant & Bar - Boston’s North End Broker: Todd Smith

Quick Facts

Asking Price: $1,299,000
Annual Revenue: $3,500,000
Net Profit: Not Disclosed
Cash Flow: $600,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 351024983
Broker Reference #: Not Disclosed

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Business Overview:

Prime Restaurant & Bar located in Boston’s Famous North End. One of the premiere locations in the entire neighborhood. A high-profile site which has all of the elements needed for success. This long-time winner is in turn-key condition and has a Full Liquor License. A must-see site and a very rare opportunity.

PARKING: Street parking, local city lots/garages
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM:Three (3) years remaining with a five-year option
BASE RENT: $23,000/month base rent
CONCEPT: Italian
SIZE: 3,500 square feet
SEATS: Seats 140 – 180 total capacity
HOURS: Open daily for Lunch & Dinner
LICENSES: Full Liquor License
SALES: $3,500,000 per year
CASH FLOW: $600,000 per year

ASKING PRICE: $1,299,000 For the Business, Including Name (Financing Available to Qualified Buyers)

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.

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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