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Restaurant / Lounge Concept - Rare Opportunity
Location: United States -> Massachusetts -> Boston
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

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.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,650,000
Cash Flow:   $300,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Yes
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Other business opportunities in other locations

Photos

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Restaurant / Lounge Concept - Rare Opportunity Photo 1 Restaurant / Lounge Concept - Rare Opportunity Photo 2 Restaurant / Lounge Concept - Rare Opportunity Photo 3




Print Listing Id: 700208696
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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