American Restaurants, Miscellaneous Restaurant & Bars
Active
Profitable Restaurant - Fully Staffed - Great Location!
Massachusetts, United States
Asking Price$400k
Revenue$1.80m
EBITDA-
Cash Flow$250k
Description
Fantastic opportunity to own a profitable turnkey restaurant in a well-positioned, prime location in Western MA. The business has demonstrated consistent and strong profitability throughout its 30+ year operating history and enjoys a loyal following of multi-generational customers. The dining establishment has two full liquor licenses for both indoor and outdoor dining. The indoor dining capacity is 140. The seating capacity increases to 200+ during the warmer months when the outdoor dining area is in use. The restaurant is fully staffed with a seasoned executive chef and a well-established team, ensuring a seamless transition for new ownership.
Please Note: All information furnished is provided by seller or based on representations of the seller or other sources. Squizzero, Carp & Associates has made no investigation of it and makes no representation or warranty as to the accuracy of the Information. All recipients are encouraged to perform due diligence and consult with independent tax, financial and legal professionals.
Reason Selling
Retiring
Facilities & Assets
Great location and well maintained with beautiful outdoor dining areas
Support & Training
Seller is committed to facilitating a smooth transition to the new ownership.
Growth Opportunities
The restaurant generates consistent high sales serving only dinner with limited hours. To increase revenue ownership could expand the operating hours, add lunch service and offer takeout through Door Dash & Uber Eats.
Financing Options
Buyer may be able to obtain SBA financing with 10% down.
Asking Price$400k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.