LOCATION: Boston Commons. Multiple T Stops, Emerson College, and the Massachusetts State House. Walkable to the Theatre District and numerous hotels nearby.
TRADE AREA: Located in the heart of Boston, the prominently located restaurant is a popular destination for state house workers, college students, and the theatre crowd.
DEMOGRAPHICS: Within a 1-mile radius we find 316,000 employees and 80,000 residents with an average income of $225,000.
SPACE: 3,600 square feet on 2 levels.
CAPACITY: 116 seats.
PARKING: On street parking.
HOURS: Open seven days a week for dinner.
LICENSES: All alcohol license until 1:30am.
RENT: ~$17,000 per month NNN
LEASE: Four years remain, plus One 5-year Option
SALES: 2023: $1.9M, 2022: $1,4M, 2021: $1,3M
CONCEPT: History of successful restaurants offering table service with full liquor
PRICE: PRICE REDUCED from $850k. Asking price is now $775,000 for all business assets
FURTHER INFO: Financial information can be made available for qualified buyers with the execution of a Non-Disclosure Agreement.
Ad#:2242577