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  • RE:  Iconic Worcester Restaurant - Armsby Abbey
  • Contact:  Doug Pendleton
Owner Financing is Available!
Possibly some limited available to the right buyer

Quick Facts

Asking Price: $995,000
Annual Revenue: $2,379,394
Net Profit: Not Disclosed
Cash Flow: $267,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 1013161
Broker Reference #: 15757

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Business Overview:

An exceptional opportunity to acquire and operate Armsby Abbey, a highly recognized, award-winning gastropub in the heart of downtown Worcester, Massachusetts. Since opening in 2008, Armsby Abbey has built an outstanding regional reputation for its chef-driven, farm-to-table menu, extensive craft beer program, handcrafted cocktails, and memorable guest experience. The restaurant operates at 144 Main Street and is open seven days per week.

The offering provides a rare opportunity to acquire an established, performance-driven hospitality business with a respected name, seasoned staff, substantial in-place infrastructure, and a highly visible downtown location.

2025 Revenue: $2,379,394

Investment Highlights
• Established Worcester restaurant brand with significant local and regional recognition; the business cites 76 “Best of Worcester” awards, including accolades for restaurant, farm-to-table dining, chef, brunch, cocktails, and beer selection.
• Prime downtown Worcester location at 144 Main Street, positioned for lunch, dinner, brunch, and takeaway service.
• Thoughtfully designed indoor and outdoor dining environments.
• Diversified revenue base supported by food, beverage, private events, and recurring guest traffic.
• Professional management and experienced staff in place; current ownership operates in a limited, part-time capacity.
• Mature, systems-based operating platform with established procedures and a substantial original build-out investment exceeding $1,000,000.
• Long-term, transferable lease provides continuity of occupancy, subject to landlord approval.
• Demonstrated history of strong revenue and cash flow.
• Transition support available to promote a seamless handoff and preserve operational continuity.


Asking Price: $995,000 - Offers Invited.

Further details available upon execution of a confidentiality agreement.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Approximately 2,800 sf +/- plus outdoor seasonal seating. Unlimited parking. Over 1 million in original build-out with state-of-the-art Facilities, kitchen and equipment.

Reason for Selling:

Retiring. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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