Hot Listing

Successful Restaurant with Property in Prime Location - Fully Staffed!

Asking Price$1,600,000

Cash Flow
$336,846
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,147,975

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,200,000
Included in asking price
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Hot Listing

Successful Restaurant with Property in Prime Location - Fully Staffed!


Asking Price$1,600,000

Cash Flow
$336,846
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,147,975

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,200,000
Included in asking price
Business Description
Profitable Restaurant with Prime Real Estate & Growth Potential!
Fantastic opportunity to own prime real estate and a profitable turnkey restaurant in a well-positioned, prime location in Western MA. The Property is 4,698 +/- sf., which does not include the partially finished 1,832 +/- sf. basement. 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.
About the Business
Years in Operation
40
Employees
30
Facilities & Assets
Great location, well maintained with potential for additional rental income in underutilized second floor.
Opportunities for Growth
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. Also, the Real Estate offers potential for additional income. Pending city approval and permitting, there is additional space available that may be suitable for commercial office space, 2-to-3-bedroom apartment, or AirBnb type rental.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,698
About the Sale
Seller Motivation
Retirement
Transition Support
Seller is committed to facilitating a smooth transition to the new ownership.
Financing Options
Pre-screened for SBA Financing with 10% down payment.
Listing Info
ID
2361816
Listing Views
3169

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Business Listed by: Buddy Carp Squizzero, Carp & Associates

Listing ID: 2361816 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.