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Accommodation & Food Services

Restaurant And Bar Boston

South Boston, MA, USA
Listed 38 days ago

Premier hospitality venue in Boston. An exceptional chance for an experienced operator to acquire the assets of a highly acclaimed turnkey hospitality concept in one of Boston’s most vibrant, mixed-use neighborhoods. The space includes a fully built-out restaurant and cocktail bar with substantial investment in design, leasehold improvements, and FF&E, all offered at below replacement cost. Highly desirable urban location with strong demographics, excellent visibility. The asset package provides an outstanding platform to continue a similar concept or reposition with a new brand subject to landlord and licensing approvals. Ideal for established hospitality groups or expanding restaurant companies seeking a premium second-gen space. Additional information is available to qualified buyers upon execution of an NDA. PARKING: Public parking and metered street parking EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality. LEASE TERM: 2 years with two (2) 5-year options BASE RENT: $13,964/month plus triple nets CONCEPT: Bar/Pub/Casual dining SEATING: 112 SIZE: 4,184 sq. ft. HOURS: Open daily LICENSES: Full Liquor License

Lease Terms

Plus NNN

Real Estate

Lease

Leasehold Rent

$167,568 per annum

Premises Details

PARKING: Public parking and metered street parking EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality. LEASE TERM: 2 years with two (2) 5-year options BASE RENT: $13,964/month plus triple nets

Financials

Asking Price
$988K
RevenueMost Recent Year
$4.2M
Earnings (SDE)Last Reported
$500K
Assets Value
Undisclosed
Seller Financing
Not available

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