Neighborhood Pub & Restaurant in Somerville. This classic pub has a variety of entertainment, craft cocktails, comfort food and a homey atmosphere. Close to several universities like Harvard and Tufts, the neighborhood is packed with students and young professionals. Ideal for an Owner Operator. Sales can be increased with a recently approved 2am liquor license and permanent patio license. The landlord is the current owner and is looking for a good long-term tenant.
Neighborhood Pub & Restaurant in Somerville
Opportunity Details
Somerville
Massachusetts
Middlesex County
Street parking
10 years with options available
$8,000 NNN (NNN = $1,200/mo.)
Capacity for 125 & 24 on back patio
3,820 square feet
Open daily 4p-1a; Sat open at 12p, Sunday at 11a
Full Liquor License (2am) Full Value
$900,000 per year (60% alcohol)
$289,000 (For the Business)
Restaurant & Bar/Pub