Full Service Restaurant Patio Seating – Newbury St

Boston, MA
Suffolk County

Asking Price: Annual Revenue:
$599,000 $2,070,366

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Full Service Restaurant Patio Seating – Newbury St Broker: Todd Smith

Quick Facts

Asking Price: $599,000
Annual Revenue: $2,070,366
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 #: 822324983
Broker Reference #: Not Disclosed

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Business Overview:

This Newbury Street restaurant location is a proven winner with many years of success. The restaurant has a full kitchen and a Beer & Wine license and excellent patio seating. The site can be easily converted to fit many concepts.

FACILITY: Full service restaurant with Patio Seating on Newbury Street
PARKING: On Street Parking
EQUIPMENT: The equipment is in good condition and has been well maintained.
LEASE TERM:9 Years left on 10 Year lease
BASE RENT: $30,000 NNN
CONCEPT: Full Service Restaurant with Patio Seating
SIZE: 3,500 square feet
SEATS: Seats 76 inside, and 50 on patios
HOURS: Open daily 11a-11p
LICENSES: Beer, Wine & Cordial (value $125,000)
SALES: $2,070,366 per year

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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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