Former Thornton's Grille

ADDRESS: 100 Peterborough Street, Boston, Massachusetts 02215

LOCATION: The restaurant is located on Peterborough Street, in a strip plaza with the following seven quick service casual restaurants: Phinista Breakfast & Dinner, Rod Thai, El Pelon Taqueria, Spring Shanghai Pan Fried Buns, The Greek Gyro, Sushi Kappo and Wow Tikka Indian cuisine.

CONCEPT: A casual theme, moderately priced, bar & grill.

SPACE: Approximately 1,600 square feet on the first floor which features a bar, dining area, kitchen and rest room facilities. There is a 1,600 square foot basement which features prep space, storage, an office and refrigeration.

PARKING: There is on-street parking available in the immediate area.

SEATING: The restaurant is licensed for 94 patrons, plus outdoor seating for approximately 50 patrons.

HOURS: The pub was open daily from 11:00 AM – 9:00 PM.

LICENSE: A Full Liquor License until 1:00 AM.

CONDITION: The restaurant appears to be well maintained and in good condition.

RATIO: Beverages: 50% Food: 50%

SALES: Sales for 2023 were approximately $1,100,000.

LEASE TERM: The landlord will negotiate a long-term lease for a qualified tenant.

RENT: Current Base Rent: $10,500 monthly, NNN / $126,000 annually +/-, NNN.

PRICE: The asking price for the assets of the business, including the full liquor license is $595,000
The asking price for the assets of the business, excluding the liquor license is $150,000.

COMMENT: This is a great location for a bar & grill concept that appeals to both local residents, students, tourists, office workers and young professionals.

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.