Prominent Location North Station / West End Bar & Grill with License

Boston, MA
listing image
Asking Price:$1,200,000
Rent:$64/SF/Year
Gross Revenue:$2,200,000
BUSINESS DESCRIPTION

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.


ATTACHED DOCUMENTS
Brochure.pdf Download

DETAILED INFORMATION
Location
Boston, MA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
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Martin Benoit
Vantage Point Retail LLC
Martin Benoit