Premier Worcester Dining Institution

Asking Price$1,000,002

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,379,394

InventoryNot Disclosed

FF&ENot Disclosed

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Premier Worcester Dining Institution


Asking Price$1,000,002

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,379,394

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Step in to 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.
About the Business
Years in Operation
18
Employees
15
Facilities & Assets
Approximately 2,775 sf plus 520 sf outdoor seasonal seating. Unlimited parking. Over 1 million in original build-out with state-of-the-art Facilities, kitchen and equipment.

Equipment List
Southbend Char Broiler Model HDC36
Southbend Range 8 open burner, two oven Model 4483EE
Southbend Salamander Broiler Model P36-NFR
CMA Dishmachines Model AH
(3) Pitco Fryer Model SG14S Star Griddle 60” Model 860TA
Atosa Refrigerated 2-drawer Base 60” Model MGF8452GR
Atosa Refrigerated 2-drawer Base 36” Model MGF8448GR
Market Outlook / Competition
Wonderful location. Weekly events drive consistent revenues, reviews and the reputation of the brand is extensive.
Opportunities for Growth
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.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,775
Rent
$6,100.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will support transitional training.
Financing Options
Possibly some limited available to the right buyer
Listing Info
ID
2368803
Listing Views
594

Contact Seller

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Business Listed by: Doug Pendleton George & Company/CentralBrokers

Listing ID: 2368803 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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