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Businesses For Sale   >>   Bars and Pubs Businesses For Sale

Restaurant / Lounge Concept - Rare Opportunity

Location  Massachusetts,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1650000
Net Profit / Cash Flow  $300000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2007
Number of Employees  20 - 34
Inventory  Yes
Relocatable  No
Number of Employees  20 - 34
Real Estate  Leased
Training  Yes
Reason for Sale  Other business opportunities in other locations

LOW RENT ONLY $35 sq.foot BACK BAY TYPE OF BUSINESS: RESTAURANT/MARTINI BAR/Perfect for Upscale Burger or Irish Lounge ... 2 AM LICENSE LOCATION: Back Bay...Copley Square SELLING PRICE: Price Drop: Asking only $750K or Best Offer if All Cash SALES VOLUME: $30-$35K/wk. LEASE: $17-$18K/mo. (includes NNN) YRS. LEFT: 3+ 5 yr. option SQUARE FOOTAGE: 6,000 sf. (approx. $35/sq.ft.) HOURS OF OPERATION: 10a.m.-2a.m. SEATING: (inside 202 seats) (outside patio 42 seats) COMMENTS: A rare location, a rare size, a rare situation. This is a superb restaurant in the midst of thousands of offices and tens of thousands of employees and residents. PRIVATE EVENTS have been a strong part of business due to square footage. Beer/Wine/Cordial License. Owners have other ventures and need to relocate. Priced to sell! Opened Sept. 2007. Further success requires a change in concept. $7 validated parking for guests. A Tavern, Lounge, Irish Pub are all winners. Call or email Marie or Chuck for a tour. Marie E. Feudo 978-902-0350 Chuck W. Rollins 978-317-2943 Subject to errors, omissions, prior sale or withdrawal from the market...all without notice.

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