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Prime Bar And Restaurant In Boston For Sale

Boston, Massachusetts
Asking Price:
$899,000 (USD)
Sales Revenue:
$2,750,000 (USD)
Cash Flow:
Available on request

Prime Bar & Restaurant located in one of the hottest neighborhoods of Boston. Over $3 Million was spent opening the restaurant. The facility is in excellent condition and is an ideal conversion opportunity for almost any concept. This is sited in an ideal location with excellent visibility, foot traffic and activity generators. The right concept should be able to reach $3.5-$4mm here annually.

FACILITY: The facility and leasehold improvements are in excellent condition and has been well maintained
PARKING: Street parking, local lots
EQUIPMENT: The leasehold improvements and equipment are in excellent condition.
LEASE TERM: Fifteen 15 year lease (three five-year options)
BASE RENT: $23,000 per month (that includes the triple nets)
CONCEPT: Bar & Restaurant
SIZE: 5,500 sq. ft.
SEATS: 160 seats
HOURS: Open late daily
LICENSES: Full Liquor License until 2am
SALES: $2,750,000 (Alcohol accounts for 50%)

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