Top Gastropub in New England

Worcester County, Massachusetts, United States

Asking Price$1.60m

Revenue$2.65m

EBITDA-

Cash Flow$445k

Description

Step into owning and operating an exciting business. Located outside Boston, this establishment’s rankings speak for themselves. Lauded as one of New England's best dining and watering holes, don’t miss your chance to own this unique restaurant. - Excellent location with indoor and outdoor seating. - The seller will assist in a smooth transition - Trained Management and staff are in place. - The owner works minimally in the business. - Systems-based, process-driven organization - Transferable, long-term lease available - State-of-the-Art Facilities & Kitchen. - Almost unlimited staff and customer parking. - Solid track record of sales and profits. - Original buildout exceeded $1 million. - The Seller is open to holding a partial seller’s note. The ideal buyer would be anyone passionate about forging their destiny by owning and operating a successful business. If you have experience managing or running a restaurant, this opportunity could qualify for SBA Financing with as little as a 5% or 10% down payment.

Real Estate

Rent is $6,100 per month

Building Size: 2775 sq. ft.

Furniture Fixtures & Equipment

$500k

Inventory

$50k

Number of EmployeesFull-Time: 35

Year Established

2008

Reason Selling

Retirement

Facilities & Assets

Approximately 2,775 sf plus 500 sf outdoor seasonal seating. Unlimited parking. Over 1 million in original build-out with state-of-the-art Facilities, kitchen and equipment.

Support & Training

Seller will support transitional training.

Market & Competition

Wonderful location. Weekly events drive consistent revenues, reviews and the reputation of the brand is extensive.

Growth Opportunities

The business has demonstrated consistent revenues for many years. The owners have focused on maximizing the brand and margins without having to run day-to-day operations. This has created an excellent platform for new ownership to focus on the vision for growth and expansion.

Financing Options

Seller financing is available.Possibly some limited available to the right buyer

Asking Price$1.60m

Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.