Excellent Restaurant, Bar & Lounge - Boston

Boston, MA
Suffolk County

Asking Price: Annual Revenue:
$599,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Excellent Restaurant, Bar & Lounge - Boston Broker: Todd Smith

Quick Facts

Asking Price: $599,000
Annual Revenue: Not Disclosed
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 #: 854524983
Broker Reference #: Not Disclosed

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Business Overview:

Established and well known Boston Restaurant & Bar with a history of success. The facility has been renovated recently and is in excellent condition. The Site is located in the heart of the Financial District and has a very strong lunch and after work crowd. It has a 280 person capacity, Full entertainment and a live music license and is also set up for functions. This facility is turn-key and a great conversion opportunity for almost any concept.

FACILITY: The facility is recently renovated and in excellent condition
PARKING: Street parking, city garages & lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: New long term lease
BASE RENT: $17,000 (NNN = $1,000)
CONCEPT: Restaurant/Bar/Lounge
SIZE: 3,300 square feet (plus full basement)
SEATS: Capacity for 280
HOURS: 11:00 AM – 2:00 AM
LICENSES: Full Liquor and Entertainment until 2:00 AM
SALES: $1.5-$1.9mm historically (Alcohol accounts for 75%)

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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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