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
Description 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.
Click Here To Contact Seller
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