Seller Financing
Asking Price
$2,750,000
Gross Revenue
$4,990,000
Cash Flow
Not Disclosed
Business
Description
Rare opportunity to acquire an Iconic flagship location in Boston. This restaurant & bar is located right in all the action and is surrounded by numerous activity generators that make it ideal for the right concept! This has been a go-to spot in the area for decades and boasts great outdoor seating and function space. After decades of successful operations, current ownership completely renovated the entire space adding new FF&E and equipment including two kitchens. The price included the 2:00 AM Full Liquor license. This is a must see!
FACILITY: The facility has been completely removed
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 10 Year initial term with options
BASE RENT: $53,000 NNN rent/month.
CONCEPT: Bar & Restaurant
SIZE: 3301 basement, 3294 first floor, 3136 second floor
SEATS: 365 Seats – 1st floor 173 persons 2nd floor 192 persons (50 Outside seats)
HOURS: Open daily
LICENSES: Full Liquor License 2:00 AM ($600,000 value)
SALES: $4,990,000 per year (Historically)
ASKING PRICE: $2,750,000 (For the Business Assets, License, & Leasehold improvements)
Premises
Location
Boston, MA
Contact The Seller
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