Worcester County Pub W/Keno

Worcester, MA
Worcester County

Worcester County


Asking Price: Annual Revenue:
$175,000 $750,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Worcester County Pub W/Keno Broker: John Ruggieri
Owner Financing is Available!
$75,000 Down. Balance at 6% for 4 years.

Quick Facts

Asking Price: $175,000
Annual Revenue: $750,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 8
BBN Listing #: 341619596
Broker Reference #: jr129

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Business Overview:

OXFORD, MetroWest- Neighborhood Pub with Real Estate at FMV


SELLING PRICE: $175K DOWN PAYMENT: $75K

SALES: $14K/wk…40% food

LEASE: $3, 000/mo plus NNN YRS. LEFT: New Lease

SQUARE FOOTAGE: 4,500sf on 2 flrs (2nd flr meeting room)

HRS OF OPERATION: only 6 days…T-W : 3-11pm TH – Sun: 11am-11pm

SEATING: (inside) 70 seats (outside) 50 seats on 2 Patios (bar) 11 seats

COMMENTS: Perfect for chef/owner in this quaint rural community. It’s a pub, with a full bar and Keno (Keno adds $20k a year to the bottom line in commission). Second floor is a complete Function room with its own bar, bathrooms and a dumb-waiter directly to the kitchen.

Closed on Mondays and does not do lunch on Tues. & Wed. The menu is diverse doing burgers, sandwiches, dinners as well as pizza. This is an opportunity to be the only full service operation for miles around.
Parking for 70 cars and on a major road right in down town.
NO COMPETITION!

Call John at 781-858-2343 or jkruggie@comcast.net.

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Property Features and Assets:

Free standing building with two stories. Second floor used for functions and meetings with it's own bar and restrooms. Competition:None. You would be the only full service food esablishment in town and for quite a distance. Growth & Expansion: Plenty of Parking that could be used to expand patios. Add delivery as well as social media and catering. Option on entire.

Market Competition and Expansion:

Competition:None. You would be the only full service food establishment in town and for quite a distance. Growth & Expansion: Plenty of Parking that could be used to expand patios. Add delivery as well as social media and catering.Option on entire.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • 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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