Iconic Worcester Restaurant Opportunity - Armsby Abbey
Business Description
Priced with or without the name.
An exceptional opportunity to acquire and operate Armsby Abbey, a highly recognized, award-winning gastropub in the heart of downtown Worcester, Massachusetts. Since opening in 2008, Armsby Abbey has built an outstanding regional reputation for its chef-driven, farm-to-table menu, extensive craft beer program, handcrafted cocktails, and memorable guest experience. The restaurant operates at 144 Main Street and is open seven days per week.
The offering provides a rare opportunity to acquire an established, performance-driven hospitality business with a respected name, seasoned staff, substantial in-place infrastructure, and a highly visible downtown location.
2025 Revenue: $2,379,394
Investment Highlights
• Established Worcester restaurant brand with significant local and regional recognition; the business cites 76 “Best of Worcester” awards, including accolades for restaurant, farm-to-table dining, chef, brunch, cocktails, and beer selection.
• Prime downtown Worcester location at 144 Main Street, positioned for lunch, dinner, brunch, and takeaway service.
• Thoughtfully designed indoor and outdoor dining environments.
• Diversified revenue base supported by food, beverage, private events, and recurring guest traffic.
• Professional management and experienced staff in place; current ownership operates in a limited, part-time capacity.
• Mature, systems-based operating platform with established procedures and a substantial original build-out investment exceeding $1,000,000.
• Long-term, transferable lease provides continuity of occupancy, subject to landlord approval.
• Demonstrated history of strong revenue and cash flow.
• Transition support available to promote a seamless handoff and preserve operational continuity.
Asking Price: $995,000 - Offers Invited.
Further details available upon execution of a confidentiality agreement.
The offering provides a rare opportunity to acquire an established, performance-driven hospitality business with a respected name, seasoned staff, substantial in-place infrastructure, and a highly visible downtown location.
2025 Revenue: $2,379,394
Investment Highlights
• Established Worcester restaurant brand with significant local and regional recognition; the business cites 76 “Best of Worcester” awards, including accolades for restaurant, farm-to-table dining, chef, brunch, cocktails, and beer selection.
• Prime downtown Worcester location at 144 Main Street, positioned for lunch, dinner, brunch, and takeaway service.
• Thoughtfully designed indoor and outdoor dining environments.
• Diversified revenue base supported by food, beverage, private events, and recurring guest traffic.
• Professional management and experienced staff in place; current ownership operates in a limited, part-time capacity.
• Mature, systems-based operating platform with established procedures and a substantial original build-out investment exceeding $1,000,000.
• Long-term, transferable lease provides continuity of occupancy, subject to landlord approval.
• Demonstrated history of strong revenue and cash flow.
• Transition support available to promote a seamless handoff and preserve operational continuity.
Asking Price: $995,000 - Offers Invited.
Further details available upon execution of a confidentiality agreement.
About the Business
- 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 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
- 1625
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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