Beloved Landmark Institution – Profitable Restaurant & Bar – North of Boston
First time offering for this historic institution!! This very much loved and respected full_service restaurant and bar has deep roots in the community! The passionate owner built out this amazing space forty years ago and it has served as a community fixture for decades! Known as the go-to spot for family dining, its active bar, private functions and off-site catering events, the business enjoys a strong and loyal following. Housed in a stunning structure, the space offers a unique blend of heritage and charm. It’s frequented by locals, politicians, and dignitaries. The business has been running absentee for some time. A long-term and loyal staff in place keeps the business running like a well-oiled machine and will stay on for new ownership!
With a consistent, year-over-year customer base and steady growth, there is significant upside potential. A light refresh of the menu and décor could further boost both sales and profits. Perfect opportunity for a seasoned operator, or an established group looking for a busy, profitable, one-of-a-kind spot to add to their brand. All sales and profits are verifiable which makes this an SBA bankable deal. Owners are reasonable and committed to a smooth transition; they respectfully ask we only share the details with well-qualified buyers who can verify proof of funds. Inquire to schedule a confidential showing of this rare must-see opportunity today!!
Property Details
- Listing Price
- $650,000
- Type
- Full Service
- Concept
- Family Restaurant and Sports bar
- Sales
- $2,940,242
- Sales (Additional Notes)
- (60% Food 40% Liquor)
- Cash Flow
- $275,000
- Location
- North of Boston
- State
- Massachusetts
- County
- Middlesex County
- Square Footage
- 7,992
- Square Footage (Additional Notes)
- 7,992 square feet plus basement
- Seating
- 254
- Seating (Additional Notes)
- (Licensed for 277 seats)
- Parking
- Private Lot, Public Lots and Street Parking
- Base Rent
- $18,500
- Base Rent (Additional Notes)
- (Includes the NNN)
- Lease Terms
- Four years remaining with Three Five Year Options
- Includes Real Estate
- No
- Liquor License
- Yes
- Licenses
- Full Liquor License, Entertainment License
- Hours
- Open daily for Lunch and Dinner




