Busy Local Restaurant in High Traffic Location

Not Disclosed, MA
Worcester County


Asking Price: Annual Revenue:
$79,900 $280,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Busy Local Restaurant in High Traffic Location Broker: Timothy Larrabee

Quick Facts

Asking Price: $79,900
Annual Revenue: $280,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 4
BBN Listing #: 900362860
Broker Reference #: 12821-624526

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Business Overview:

Fantastic opportunity to own a turnkey restaurant business in an attractive retail plaza with a high traffic count and a large retail anchor. Although presently serving an Asian-style cuisine, this facility can easily be converted into many concepts including pizza, coffee or other specialty foods. The restaurant is 1,500 square feet in size and consists of a main dining room with table seating for 32 patrons, one bathroom and a large kitchen with a walk-in cooler in the back. Even though marketing efforts are minimal and focused mostly on social media, online restaurant directories and delivery services, gross sales have averaged $6,000 per week for all of 2021. The asking price comes with all of the furniture, fixtures, equipment, supplies and inventory valued at around $50,000. The buyer of this business will possess all of the critical items for success including a highly visible location, off-street parking and an attractive storefront.

This restaurant was bought and re-opened in 2020.
There are numerous Asian restaurants in the city but no direct competitor in the immediate area.

This business offers a buyer many options for growth with a commercially zoned restaurant space, working kitchen equipment and a long-term lease in place. The new owner can keep the existing menu or completely change the food concept altogether.

The leased storefront measures approximately 1,500 square feet and consists of a main dining room with table seating for 32 patrons, one bathroom and a large kitchen in the back. The exterior features multiple glass windows which provide ample light and space for seasonal decorations and advertising.

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Reason for Selling:

Retirement

Additional Details:

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

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