Premiere Authentic Restaurant in Boston – Great Cash Flow - Corbett Business Sales & Acquisitions
Suffolk County

Premiere Authentic Restaurant in Boston – Great Cash Flow

Offered At
$ 1,250,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
Inquire for Details
Cash Flow
680000
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

One of Boston’s premiere authentic restaurants. Known for its fun atmosphere and delicious food. The facility has a topnotch build-out & design that is in excellent condition. This multi-unit concept has an excellent brand that is setup for fast growth and expansion. The concept includes additional site license revenues in the in the amount of $120,000 per year. This is a rare opportunity to purchase a very profitable business.

Parking: City parking
Lease Terms: 3 years remaining
Base Rent: $29,402 per month gross (includes triple nets) – escalates 3% each year
Seating: 175 inside, 74 on outside patio
Size: 4,500 square feet
Hours: Open daily
Licenses: Full Liquor License & Live Entertainment License
Concept: Authentic Bar & Restaurant
Cash Flow: Approximately $680,000 per year
Sales: $2,797,243 in 2021 plus about $120,000 per year in licensing revenue
Asking Price: $1,250,000 (For the Business & Franchise Licensing Agreement)

Request More Information

Property Request