Flagship Location - Boston

Asking Price$2,300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$5,000,000

InventoryNot Disclosed

FF&ENot Disclosed

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Flagship Location - Boston


Asking Price$2,300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$5,000,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Rare opportunity to acquire an Iconic flagship location in Boston. This restaurant & bar is located right in all the action and is surrounded by numerous activity generators that make it ideal for any concept! This has been a go-to spot in the area for decades and boasts great outdoor seating and function space. Current ownership purchased the real estate and completely renovated the entire space adding new FF&E and equipment including two kitchens. This is a must see!

FACILITY: The facility has been completely removed
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 10 Year initial term with options
BASE RENT: $30,000 per month first year rent; $53,000 NNN
CONCEPT: Bar & Restaurant
SIZE: 9,731 square feet
SEATS: 365 Seats (50 Outside seats)
HOURS: Open daily
LICENSES: Full Liquor License 2:00 AM ($600,000 value)
SALES: $5,000,000 per year (Historically)

ASKING PRICE: $2,300,000 (For the Business Assets, License, & Leasehold improvements)
About the Business
Real Estate
Owned or Leased
Leased
Listing Info
ID
2169042
Listing Views
1173

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Business Listed by: Todd Smith Corbett Restaurant Group

Listing ID: 2169042 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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