BOSTON, Massachusetts
| Asking Price |
$988,000 |
Year Established |
|
|
| Annual Revenue |
$4,200,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Todd Smith |
|
| Annual Cash Flow |
$500,000 |
Listing Number |
1016776 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Premier hospitality venue in Boston. An exceptional chance for an experienced operator to acquire the assets of a highly acclaimed turnkey hospitality concept in one of Boston’s most vibrant, mixed-use neighborhoods. The space includes a fully built-out restaurant and cocktail bar with substantial investment in design, leasehold improvements, and FF&E, all offered at below replacement cost. Highly desirable urban location with strong demographics, excellent visibility. The asset package provides an outstanding platform to continue a similar concept or reposition with a new brand subject to landlord and licensing approvals. Ideal for established hospitality groups or expanding restaurant companies seeking a premium second-gen space. Additional information is available to qualified buyers upon execution of an NDA.
Property Features and Assets:
<p>PARKING: Public parking and metered street parking<br>EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.<br>LEASE TERM: 2 years with two (2) 5-year options<br>BASE RENT: $13,964/month plus triple nets<br>CONCEPT: Bar/Pub/Casual dining<br>SEATING: 112<br>SIZE: 4,184 sq. ft.<br>HOURS: Open daily<br>LICENSES: Full Liquor License<br></p>
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity