College Bar In Densely Populated Area Of Boston For Sale

Description

Popular late night Tavern located in the heart of Boston, just steps from several major universities. High foot traffic, loyal student following, and strong nighttime business. Includes a full 2 AM liquor license with entertainment, valued at six hundred thousand dollars, sales are predominantly from alcohol at ninety percent. Turnkey operation and perfect for operators looking to capitalize on Boston's vibrant bar scene. This is perfect for a first time Buyer and is SBA Qualified. Email for details. Parking includes city parking and two spots in rear parking lot included in the lease. The equipment is in excellent condition and has been well maintained. Lease term has two five year options. Base rent is seven point five percent of gross sales plus triple net charges. Concept is Bar. Size is four thousand square feet plus full basement. Seating capacity is two hundred eighty six. Hours are open late six days per week. Licenses include full liquor license with entertainment until 2 AM. Sales are one million two hundred thousand dollars with ninety percent alcohol. Cash flow is two hundred thousand dollars. Asking price is six hundred ninety nine thousand dollars for the business and license.