LOCATION: Located in Downtown Crossing with close proximity to Hotels, Theaters, Emerson College, Boston Common & luxury residential. Strong foot traffic plus multiple T stops.
RESTAURANT: ~3,500 square feet with 1,750 square foot basement.
CONDITION: First class buildout. Turn-key condition. Professionally maintained.
CAPACITY: Over 140 seats plus 28 patio.
LICENSE: Restricted All Alcohol til 1AM. Buyer would need to re-apply for new license
CONCEPT: Upscale casual American.
HOURS: Open seven (7) days a week for lunch and dinner.
SALES: $2,600,000 (2024), $2,600,000 (2023). ~2,000 customers per week.
SALES RATIO: 70% food and 30% beverage.
DEMOGRAPHICS: Within only a 1-mile radius we find 312,000 employees and 75,000 residents with an average income above $215,000. Large student pop.
TRADE AREA: Located in the heart of Boston, a popular destination for tourists, visitors, professionals, theater goers, college students, as well as local residents.
RENT & LEASE: $16,000 per month all in. Lease terms thru June 2032.
PRICE: $650,000 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.
Ad#:2448228