Modern Restaurant & Bar – Bordering Boston

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Modern Restaurant & Bar – Bordering Boston
Asking Price:
$1,300,000

Gross Revenue:
$1,400,000
Cash Flow:
$200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Modern Restaurant & Bar with full liquor & entertainment. This high profile site has several drawing points and a widely ranged customer base. Over $1.3 million was spent on the design and build-out. The restaurant has a capacity of 170 persons with a highly visible Patio. This site is a great fit for almost any concept.

FACILITY: High profile site with a top of the line build-out and equipment package
PARKING: Street parking, local lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 47 years remaining, with options
BASE RENT: $14,500 NNN
CONCEPT: Modern Bar & Kitchen
SIZE: 8,263 square feet total- Ground Floor 3100 SF, with 938 SF Patio space,
in addition 3100 SF of basement / BOH / prep / office space, with 1125
SF of parking space as part of the lease
SEATS: 122 inside; 44 on the patio
HOURS: Currently Closed
LICENSES: Full Liquor License (10a-1a) & Entertainment License

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About the Sale

Seller Financing:
Some Seller Financing Available for Qualified Buyers

Listing Info

ID:
1515106
Ad Detail Views:
251

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Business Listed by

Todd Smith

Corbett Restaurant Group

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