Casual Sit Down Restaurant in Downtown Boston
| Asking Price: | $200,000 |
| Rent: | $13,430/Month |
LOCATION: Downtown Boston, proximate to the Boston Commons, multiple T stops, Emerson College, & the Massachusetts State House.
TRADE AREA: Located in the heart of Boston, this prominently located restaurant is a popular destination for state house workers, college students, and the theatre crowd.
DEMOGRAPHICS: Within only a 1-mile radius we find 312,000 employees and 75,000 residents with an average income above $215,000.
RESTAURANT: 2,050 square feet with full kitchen. ADA Baths. Bsmt storage
CONDITION: The restaurant has been professionally maintained after an initial investment of $450,000 and is in turn-key condition with current permits and licenses.
CAPACITY: 45 seats.
CONCEPT: Currently configured for Casual sit down concept, Table service
SALES RATIO: 90% food and 10% beverage.
HOURS: Open seven (7) days a week for lunch and dinner.
SALES: $800,000 (2022), $500,000 (2021)
LEASE: $13,430 / month Rent All In. 4 years left in current lease + 5yr Option.
PRICE: $200,000 for the assets of the business.
FURTHER INFO: Financial information can be made available for qualified buyers with the execution of a Non-Disclosure Agreement.
