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)
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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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