Casual Neighborhood Restaurant & Bar – Boston - Corbett Business Sales & Acquisitions
Suffolk County

Casual Neighborhood Restaurant & Bar – Boston

Offered At
$ 1,100,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
Inquire for Details
Cash Flow
249332
EBITDA
Inquire for Details
FFE
Inquire for Details
Year Established
Inquire for Details
Includes REA
0
Lease SF
Inquire for Details
Lease Rate
Inquire for Details
Lease Term
Inquire for Details
Lease Description
Inquire for Details
Real Estate Description
Inquire for Details
Reason For Selling
Inquire for Details

Description

Successful and well-known Boston Neighborhood Restaurant & Bar. This business has been a money maker for years and the owner is ready to retire. The restaurant has trendy decor with a casual, cozy atmosphere. They are open 7 days a week and brunch on the weekends. Offering classic American dishes, comfort food, cocktails, late-night food, and small plates. This is a perennial winner that is a good fit for an owner/operator or to add to a portfolio. This is qualified for SBA lending, and we can help facilitate the process for you.

Parking: Local city parking
Lease Terms: In year 12 of 15-year lease, plus one (1) five-year option at market
Base Rent: $15,670 per month – additional taxes $512/month
Seating: 142-person seating capacity, including 19 barstools & plus licensed for 28 outside street patio seats
Size: 5,230 sq. ft.; 3,480 SF first floor & 1,750 SF basement, including full prep kitchen
Hours: Open 7 days/week – brunch hours on weekend
Licenses: Full alcohol license (1 AM), restricted license for this premise only
Cash Flow: $249,332
Sales: $2,754,464
Concept: Bar & Restaurant
Asking Price: $1,100,000 (For the Business)

Request More Information

Property Request