Five Star Restaurant
Location:
United States
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Massachusetts
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Worcester
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This is an established and successful Five Star Restaurant that is considered one of the best in central Massachusetts. The restaurant is located on the first floor of a remodeled New England Cottage style building. The second floor includes an office and apartment that could serve as owner’s quarters, or could be rented out for additional income. The restaurant has several dining rooms with an up-scale elegant atmosphere. A new owner can continue with the present dinner house hours, or expand by adding lunch. Included is a well equipped kitchen and full cellar for storage. The property is 1/2 acre and has an off-street parking lot for patrons. Contact for more information on this Restaurant for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$475,000
Cash Flow:
$95,000
Cash Flow Type: EBITDA
Inventory: $25,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2004
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Seller agrees to aid in a smooth transition.
Reason For Selling: Family relocation.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70080470
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