Top-Notch Tavern in One of Boston’s Hottest Neighborhoods
| Asking Price: | $849,000 |
| Gross Revenue: | $2,300,000 |
| Cash Flow: | $417,236 |
Top-notch Tavern in one of Boston’s Hottest Neighborhoods. This listing has a tremendous amount of value in today’s market. The location of the restaurant along with the build-out and FF&E make this the envy of many operators in Boston! Includes 175 seats plus permanent patio seating. This is a first-rate Gem.
PARKING: Street parking for customers; one garage parking space included
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 2 years remaining with two (2) five-year options
BASE RENT: $20,150 per month (based on 2022 P&L of rent expense)
CONCEPT: American Tavern
SIZE: 4,726 sq.ft. and includes one garage parking space
SEATS: Capacity for 174 with 165 actual seats; 20 additional on the patio
HOURS: Open late daily
LICENSES: Full Liquor License (Valued at $575,000)
SALES: 2.3M (50/50 food & beverage)
CASH FLOW: $417,236 in 2022
ASKING PRICE: $849,000 (For the Business)
