Somerville Nightclub / Music Venue / Cocktail Bar
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This intimate nightclub / music venue / cocktail bar is located in a historic space, in the center of one of Somerville’s most popular squares. Direct access to the MBTA Green Line. Surrounded by bars, restaurants, and other activity generators. It’s an easy and enticing stop for both locals and visitors from across Boston & surrounding areas. A thoughtfully crafted bar and kitchen, big stage, and lively dance floor, make it the perfect spot for enjoying live music, great drinks, and fun social gatherings. 85 person capacity. 1,700 sqft. Gross Rent $5,067 per month total, with 3% annual increases until 2033. Cash flow / EBITDA is $86,532 annual return on investment. Cash return on investment is growing, and currently 19% annual return on investment of $450K. To request a tour or a phone call to learn more about this business for sale, please send me a message with the days and times that work best for you.
About the Business
- Employees
- 15 Part-time
- Facilities & Assets
- More details available upon signed NDA
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,700
- Rent
- $5,067 per month
About the Sale
- Transition Support
- Available
Listing Info
- ID
- 2540148
- Listing Views
- 7
Listing ID: 2540148 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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