Business Overview
About the Company
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 concept has an excellent brand that is setup for fast growth and expansion. The concept has an opportunity for additional site license revenues in the in the amount of $120,000 per year (not included in this asking price). This is a rare opportunity to purchase a very profitable business.
FACILITY: The facility has a topnotch build-out & design that is in excellent condition
LEASE TERM:3 years remaining
BASE RENT: $29,402 per month gross (includes triple nets) – escalates 3% each year
CONCEPT: Authentic Bar & Restaurant
SIZE: 4,500 square feet
SEATS: 175 inside, 74 on outside patio
HOURS: Open daily
LICENSES: Full Liquor License & Live Entertainment License
SALES: $3,100,000 in 2022
CASH FLOW: Approximately $680,000 per year
ASKING PRICE: $800,000 (For the Business Assets)
