Business For Sale

Italian Restaurant in Worcester County

Not Disclosed, MA
Worcester County


Asking Price: Annual Revenue:
$279,900 $550,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant in Worcester County Broker: Karen Kelley
License #: 90115338
Owner Financing is Available!
Some possible Seller financing for a qualified buyer.

Quick Facts

Asking Price: $279,900
Annual Revenue: $550,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 22
BBN Listing #: 13412849
Broker Reference #: 15452

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Business Overview:


Beautifully renovated Italian Restaurant in Worcester County. New from floor to ceiling, this restaurant is totally turnkey.

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Property Features and Assets:

4,500 sq. ft. absolutely beautiful restaurant build out. High end furniture, fixtures and top of the line equipment. Super rent at only $2,850 per month. All marble floors. Beautiful bar. Function room that is used as overflow for diners on Thurs, Fri. & Sat. Ample private parking lot. Outdoor patio seating for 20+ during good weather.

Market Competition and Expansion:

Only show in town other than fast food. The popularity of this Italian restaurant is in part due to their being almost no other sit down restaurants in the area. Combine that with fresh ingredients ordered 4 times a week to insure freshness, a mid-priced menu and terrific recipes and you have the secret to success.

Reason for Selling:

Health/Retirement.

Additional Details:

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

Documents:

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