A rare opportunity to purchase a real money-maker. Located on the South Shore, this pub-style restaurant was re-concepted and fully renovated in 2018. The space is thoughtfully laid out with a centrally located island bar seating 30 guests. It is ideally sized, with seating for 95 indoors and 12 outdoors. Situated as an end-cap unit, the restaurant offers tremendous visibility in the heart of downtown. The surrounding community is densely populated, with over 750 newly constructed apartments within walking distance. Just up the street, only a five-minute drive away, are an additional 2,500+ apartments, with more currently under construction. The downtown area also abuts a train station, further enhancing accessibility and foot traffic. Simply put, the location does not get any better than this.

The owners own the property and operate the restaurant. They are selling the business to focus on managing their other tenants in the building and to pursue additional opportunities. They are excellent landlords.

The restaurant has a strong sales history of approximately $1.5M annually, with room for growth. Alcohol sales account for 48% of revenue, and Keno is extremely popular. This is a true “Cheers”-style bar, a place where patrons love to gather and a favorite destination for sporting events.

PARKING: Street Parking & Municipal Lot
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: Five years with three (3) five-year options
BASE RENT: $11,000
CONCEPT: Pub Style Restaurant
SIZE: 4,232 square feet
SEATS: 107 total (30 bar seats, 65 at tables, 12 outside)
HOURS: Open 6 days/wk.
LICENSES: Full Liquor, Lottery & Entertainment
SALES: $1,500,000
CASH FLOW: $461,000

ASKING PRICE: $995,000 (For the Business) – Some Seller Financing Available to Qualified Buyers