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Premiere Authentic Restaurant In Boston For Sale

Boston, Massachusetts
Lodging and restaurants
Company Data
Price
$800.0K
81%
Revenue
$3.1M
Top 10%
Profit
$2.5M
0X
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)
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