Longtime Successful Restaurant & Bar With RE In Boston For Sale

Description

This longtime successful restaurant, bar, and function space includes a full value City of Boston liquor license and offers a rare opportunity to own the real estate at a landmark location. The property is in excellent condition following recent renovations and features ample parking, making it a standout turnkey opportunity. The facility is a freestanding building with seasonal deck seating and is two stories but zoned for four. There is a dedicated parking lot of fifty spaces with additional parking available adjacent to the building. The equipment is in excellent condition and has been well maintained. The concept is a New American restaurant with Latin influence. The basement is three thousand square feet, the first floor is six thousand square feet, and the second floor is one thousand six hundred square feet. The seating capacity is two hundred fifty, with one hundred ninety downstairs and twenty eight seats on the deck. The business is open for dinner Monday through Friday, and on Saturday and Sunday from 10 AM to 11 PM. The full value liquor license allows service until 1 AM. Historical sales are three million dollars per year. The asking price is four million five hundred eighty nine thousand dollars for the business and real estate.