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Iconic North Shore Boston Restaurant And Bar
Location: United States -> Massachusetts
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Iconic North Shore restaurant located in a very desirable historic area. Located within walking distance of area attractions, the beautiful historic waterfront and many other amenities, this year-round full-service restaurant and bar is a destination for locals and tourists alike. All furniture, fixtures, and equipment are virtually brand new and thoughtful renovations have been done throughout operations to keep an attractive and welcoming appearance for patrons.
The location is currently running a limited schedule operating 4-5 days/week and averaging between $24k-25k in weekly sales. The staff is currently in place and the managers are trustworthy and experienced.
The restaurant features a full dining room, outdoor patio seating, full-bar with pub-style seating and a function room. A true icon in the area!
Rent - $6500/Mo. NNN. Landlord open to long-term lease.
1900 + sq.ft. on 1st floor & 1100 +/- sq.ft. basement storage space
Seating Capacity - 95 person
Full Liquor License (1am)
TV and Music Entertainment License
Fully renovated and updated.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $745,119
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  retirement




Print Listing Id: 700368677
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

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



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