WORCESTER, Massachusetts
| Asking Price |
$675,000 |
Year Established |
|
|
| Annual Revenue |
$2,379,394 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
Doug Pendleton |
|
| Annual Cash Flow |
$384,205 |
Listing Number |
1013161 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
An exceptional opportunity to step into owning and operating a longstanding restaurant with in-place equipment, experienced staff and an incredible location. Located in the growing city of Worcester, Massachusetts its prime location drives revenues. You can either build bring your ideas and make it your own or for an added value buy the existing brand ranked among New England’s top dining destinations. This offers a rare opportunity to take control of a highly visible, performance-driven business with enduring brand or make it your own.
2025 Revenue: $2.4 million
Cash Flow: $400K (4-year average SDE)
Investment Highlights
• Prime location featuring thoughtfully designed indoor and outdoor dining environments.
• Established, diversified revenue streams driven by recurring venue and event business.
• A professional management team and seasoned staff are fully in place.
• Ownership currently operates in a limited, part-time capacity.
• Excess staff in place due to the owner’s lifestyle.
• Mature, systems-based infrastructure with documented operational processes.
• Long-term, transferable lease securing stability of occupancy.
• Ample, convenient parking for both guests and staff.
• Demonstrated history of strong cash flow.
• Original build-out investment in excess of $1,000,000.
• Structured transition support to ensure continuity and operational integrity.
Asking Price: $675,000 - Offers Invited.
Further details available upon execution of a confidentiality agreement.
Property Features and Assets:
<p>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.<br></p>
Market Competition and Expansion:
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