Prominent Location North Station / West End Bar & Grill with License
Asking Price: | $1,200,000 |
Rent: | $64/SF/Year |
Gross Revenue: | $2,200,000 |
LOCATION: A high-profile location near North Station, the North End, Haymarket, Bulfinch Triangle & the Charlestown bridge. Major activity generators nearby North Station, TD Garden, Tavern in the Square, North End Garage, Filippo Restaurant, Alcove, Banners, A & B and Night Shift Brewery.
CUSTOMER: The primary customer base comes from events at the TD Garden: Celtics (41 games), Bruins (41 games), and various concerts (140). The concept is also popular with local residents, office workers and young professionals.
SPACE: Approx. 4,000 Square Feet
CAPACITY: Interior seating for approx. 130 and patio seating
PARKING: On street parking and nearby garages.
HOURS: Open daily from for lunch and dinner.
LICENSES: The restaurant has a 2:00 AM All Alcoholic Beverages License
RENT: Base Rent of $64 psf ($256,512) NNN of $20 psf ($80,160) Total $336,672
INVESTMENT: Original investment of $2.5 Million in 2019
SALES: $2,200,000 in 2023
CONCEPT: Full Service, moderately priced, upscale bar and grill.
PRICE: Liquor License: $600,000 Assets, FFE $600,000 Total: $1.2 Million
FURTHER INFO: Financial information can be made available for qualified buyers with the
execution of a Non-Disclosure Agreement.