North End Gem - Boston - Corbett Business Sales & Acquisitions
Suffolk County

North End Gem – Boston

Offered At
$ 699,000.00


Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
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Year Established
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Includes REA
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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This gem has been successful for decades. This Italian/Seafood Bar/Restaurant has a strong location with excellent visibility and functional layout and 99 seats. It currently has a Beer/Wine/Cordial license. The rent is below market rent, and the business has a loyal customer following. This site is located in one of busier areas of Boston. Sales and profitability could be grown dramatically with a more involved owner.

PARKING: On street and public lots
EQUIPMENT: The equipment is in good condition and has been well maintained.
LEASE TERM: 10 year lease
BASE RENT: $10,000 per month (triple nets are $1,000 per month)
SIZE: 2,500 sq. ft.
SEATS: 99 seats
HOURS: 11:00 AM – 10:30 PM daily
LICENSES: Beer, Wine & Cordial license
SALES: $980,000 per year
CASH FLOW: $203,413 per year
ASKING PRICE:$699,000 For the Business – (Financing Available for Qualified Buyers)

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