Restaurant & Lounge – Boston - Corbett Business Sales & Acquisitions
Suffolk County

Restaurant & Lounge – Boston

Offered At
$ 900,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
235107
EBITDA
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FFE
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Year Established
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Includes REA
0
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

Established and well-known Boston Restaurant & Lounge is ideal for watching sports, hosting corporate events, celebrations, private events, date nights, and after-work drinks. The facility has been renovated recently and is in good condition. The facility has a full kitchen, a 280-person capacity, full entertainment and a live music license and is also set up for functions! This facility is turn-key and a great conversion opportunity for almost any concept.

FACILITY: The facility is recently renovated and in excellent condition
PARKING: Street parking, city garages & lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 7 years remaining with two (2) five-year options
BASE RENT: $17,083 plus NNN
CONCEPT: Restaurant/Bar/Lounge
SIZE: 6,180 square feet – two floors
SEATS: Capacity for 280
HOURS: Open 6 days/week – open late on weekends
LICENSES: Full Liquor and Entertainment until 2:00 AM
SALES: $1,981,038
CASH FLOW: $235,107
ASKING PRICE: $900,000 (For the Business)

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