Boston Elegant Steakhouse & Bar for Sale

Featured on BusinessForSale.com . 7 viewed

Asking Price

$4,400,000

FOR SALE - ACTIVE

Detailed Information

Location

Boston,Massachusetts, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

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% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

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COMPANY FINANCIALS

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(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

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Business Description

Nestled in Boston, this elegant steakhouse and bar with a rich history and successful track record is up for sale, offering a unique opportunity to own both the business and real estate of this landmark location. Boasting a coveted city liquor license, ample parking, and a well-maintained 10,600 sq. ft. free-standing building with a seasonal deck, this stunning facility can accommodate up to 250 patrons indoors and an additional 28 outdoor seats. With a full-value liquor license allowing operations until 1 am, this steakhouse is a thriving business generating $3,000,000 in annual sales, with an approximate cash flow of $200,000 under absentee ownership. The facility includes top-of-the-line equipment and is open for dinner service seven nights a week. It presents an enticing investment opportunity for those looking to own a renowned piece of Boston's culinary scene, priced at $4,400,000 for both the business and real estate, with financing options available for qualified

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