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)