Elegant Steakhouse with Real Estate in Boston - Corbett Business Sales & Acquisitions
Suffolk County

Elegant Steakhouse with Real Estate in Boston

Offered At
$ 4,400,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
200000
EBITDA
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FFE
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Year Established
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Includes REA
1
Lease SF
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Lease Rate
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Lease Term
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Lease Description
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Real Estate Description
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Reason For Selling
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Description

Elegant Steakhouse with Real Estate in Boston. This restaurant, bar, and function facility has a long history of success. This has a full-value City of Boston Liquor License and is a rare opportunity to own the real estate of a landmark location. Plenty of parking and this stunning facility is in excellent condition.

FACILITY: Free-standing building with seasonal deck seating.
PARKING: Dedicated parking lot of 50 spaces – additional parking available adjacent to building
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
CONCEPT: Steakhouse
SIZE: Approx. 10,600 sq.ft.
SEATS: Capacity of 250 & 28 outdoor seats
HOURS: Open for dinner 7 nights/week
LICENSES: Full Value Liquor License (1 AM)
SALES: $3,000,000
CASH FLOW:Approx. $200,000 run absentee
ASKING PRICE: $4,400,000 (For the Business & Real Estate) – Bank Financing Available

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