Prime Restaurant & Bar - Newbury Street - Boston

Boston, MA
Suffolk County

Asking Price: Annual Revenue:
$335,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Prime Restaurant & Bar - Newbury Street - Boston Broker: Todd Smith

Quick Facts

Asking Price: $335,000
Annual Revenue: $1,200,000
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 #: 559424983
Broker Reference #: Not Disclosed

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Business Overview:

Prime Restaurant & Bar site on Newbury Street in Boston. This high profile site is in a high traffic area with beautiful Patio seating. Visibility and foot traffic are some of the highest in Boston. The space is in excellent and turn-key condition. These spaces do not become available often!!

FACILITY: Excellent condition
PARKING: Street parking, city lots/garages in the area
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 10 years with options available – (good landlord)
BASE RENT: $7,500 per month (NNN $900 includes garbage & CAM) 1 parking spot in included
CONCEPT: Restaurant & Bar concept
SIZE: 1,000 square feet plus Patio seating
SEATS: 30 Seats inside, plus outdoor seating (Patio season April 1st - Nov 1st)
HOURS: Lunch & Dinner
LICENSES: Beer, Wine, and Cordial - Value $125,000
ASKING PRICE: 335,000 (For the Business) – Including the liquor license.

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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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