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- RE: Iconic Worcester Restaurant - Armsby Abbey
- Contact: Doug Pendleton
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 |
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:
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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:
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