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The Boston Restaurant Group Inc. offers, for your consideration, information regarding the sale of the former Chickadee, an upscale full-service restaurant in Boston, Massachusetts. Located in the Seaport, a revitalized mixed-use neighborhood, in a former waterside storehouse of the Innovation and Design Building. Chickadee was a James Beard Award Semifinalist (2024) and was one of the most acclaimed dining spots in the Seaport.
NAME: Chickadee
ADDRESS: 21 Drydock, Boston, MA 02118
LOCATION: Located in the same building the Innovation and Design Building, a major hub for both design professionals and tech innovators, housing over 30 design showrooms and America’s Test Kitchen.
SPACE: The interior space is approximately 3,935 square feet.
FACILITY: The space features high ceilings, white columns and polished concrete floors and an open kitchen, a dining area, bar & lounge, prep kitchen, restrooms and a storage area.
SEATING: The seating capacity on the license allows for 115 with patio seating for 30.
CONCEPT: A full-service restaurant featuring a modern Mediterranean cuisine.
HOURS: Currently closed. Was open daily from 5:00PM to 10:00PM and weekend brunch.
LICENSES: The restaurant operated with a non-transferable 11:00PM All Alcoholic Beverages License.
PARKING: There is ample free 90 minute parking in the area, plus a municipal parking garage near-by.
CONDITION: The facility appears to be in very good condition.
HISTORY: The restaurant was built from scratch in 2018 at an investment of $600,000.
RENT & NNN: The rent with NNN is currently $15,500 mo., / $186,000 yr. The rent is 5% of gross sales. Moves to 6% above monthly breakpoint of $233,333.
LEASE: Approximately (2) two years remaining, plus (2) two options of (5) five years each.
SALES: 2024: $3,000,000 2025: $2,383,472
ASKING PRICE: The asking price is $495,000.
COMMNTS: The space is adaptable for multiple concepts. There is a strong request for private dining. The building is fully occupied. There is potential to increase revenue by adding lunch.
Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and conditions.
NAME: Chickadee
ADDRESS: 21 Drydock, Boston, MA 02118
LOCATION: Located in the same building the Innovation and Design Building, a major hub for both design professionals and tech innovators, housing over 30 design showrooms and America’s Test Kitchen.
SPACE: The interior space is approximately 3,935 square feet.
FACILITY: The space features high ceilings, white columns and polished concrete floors and an open kitchen, a dining area, bar & lounge, prep kitchen, restrooms and a storage area.
SEATING: The seating capacity on the license allows for 115 with patio seating for 30.
CONCEPT: A full-service restaurant featuring a modern Mediterranean cuisine.
HOURS: Currently closed. Was open daily from 5:00PM to 10:00PM and weekend brunch.
LICENSES: The restaurant operated with a non-transferable 11:00PM All Alcoholic Beverages License.
PARKING: There is ample free 90 minute parking in the area, plus a municipal parking garage near-by.
CONDITION: The facility appears to be in very good condition.
HISTORY: The restaurant was built from scratch in 2018 at an investment of $600,000.
RENT & NNN: The rent with NNN is currently $15,500 mo., / $186,000 yr. The rent is 5% of gross sales. Moves to 6% above monthly breakpoint of $233,333.
LEASE: Approximately (2) two years remaining, plus (2) two options of (5) five years each.
SALES: 2024: $3,000,000 2025: $2,383,472
ASKING PRICE: The asking price is $495,000.
COMMNTS: The space is adaptable for multiple concepts. There is a strong request for private dining. The building is fully occupied. There is potential to increase revenue by adding lunch.
Information is from sources that we deem reliable. No representation is made as to the accuracy of any information provided. Offering is subject to prior sale, lease, or withdrawal without notice or change in prices and conditions.
Listing Info
- ID
- 2540746
- Listing Views
Listing ID: 2540746 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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