Profitable Restaurant Multi Million Dollar Build Out In Boston For Sale

Description

Full-service restaurant, bar and lounge for sale in downtown Boston. The multi-level space underwent a substantial renovation and includes a dining room, full bar, private dining area and commercial chef's kitchen.

Financials

• 2024 sales: approximately $5,385,935
• Asking price: $995,000
• Base rent: approximately $11,556 per month
• Triple-net charges are additional

The sales figure provided is for 2024. Buyers should review 2025 and current 2026 performance separately to understand more recent operating results and profitability.

Space

• First floor: approximately 1,900 sq. ft.
• Basement: approximately 1,400 sq. ft.
• Mezzanine: approximately 700 sq. ft.
• Total stated area: approximately 4,000 sq. ft.
• Seating capacity: approximately 254
• Private dining space
• Full bar
• Professional kitchen

The seller reports that the restaurant equipment has been maintained and is currently in good operating condition.

Location

The restaurant is positioned in a walkable downtown area near offices, retail businesses and residential buildings, providing access to both daytime and evening traffic.

Municipal parking options are available nearby.

Concept

The current operation is an American restaurant, bar and lounge open seven days per week.

A buyer may continue the existing format or evaluate another full-service concept, subject to landlord approval, lease restrictions and applicable licensing requirements.

Lease

• Currently in year four of a five-year lease
• One additional five-year option stated
• Base rent: approximately $11,556 per month
• NNN expenses are additional

With the initial lease term approaching expiration, buyers should carefully review the exact expiration date, option exercise deadline, future rent, NNN charges and assignment provisions.

Liquor license

A full liquor license with stated restrictions is represented as part of the transaction.

Buyers should identify the exact restrictions and confirm whether they affect hours, entertainment, transferability or other operating rights. Any transfer remains subject to Boston and Massachusetts approval.

Due diligence

Buyers should verify recent financial performance, cash flow, food and beverage margins, labor costs, lease terms, option rights, NNN expenses, equipment ownership, liquor-license restrictions, licensed occupancy, private-event deposits and the exact assets included in the $995,000 asking price before closing.