Restaurant & Lounge - Boston
| Asking Price: | $789,000 |
| Gross Revenue: | $1,981,038 |
| Cash Flow: | $235,107 |
Established and well-known Boston Restaurant & Lounge is ideal for watching sports, hosting corporate events, celebrations, private events, date nights, and after-work drinks. The facility has been renovated recently and is in good condition. The facility has a full kitchen, a 280-person capacity, full entertainment and a live music license and is also set up for functions! This facility is turn-key and a great conversion opportunity for almost any concept.
FACILITY: The facility is recently renovated and in excellent condition
PARKING: Street parking, city garages & lots
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 7 years remaining with two (2) five-year options
BASE RENT: $17,083 plus NNN
CONCEPT: Restaurant/Bar/Lounge
SIZE: 6,180 square feet – two floors
SEATS: Capacity for 280
HOURS: Open 6 days/week – open late on weekends
LICENSES: Full Liquor and Entertainment until 2:00 AM
SALES: $1,981,038
CASH FLOW: $235,107
ASKING PRICE: $789,000 (For the Business)
