Turnkey Elevated F/S Restaurant & Tavern Concept showing huge growth!
West Boylston, MA
Sale Pending
| Asking Price: | $475,000 |
| Established Year: | 2020 |
| Gross Revenue: | $2,300,000 |
Listing ID: 2202524Listing provided by BizBuySell
BUSINESS DESCRIPTION
This newly renovated restaurant and bar is located on a busy route in Worcester county. This is a true turnkey location. The space has a large bar, separate dining area, private dining space, and a new outdoor patio. The space 5300 square feet with over 150 seats and plenty of on-site parking. This location could be a great addition to an existing group or well suited for an owner operator. The kitchen is well laid out with plenty of room to expand into catering. Opened seven days and nights with brunch on the weekends. Sales in 2022 in this new space were just over 1.6 million and over 2.3 million and climbing in 2023.
DETAILED INFORMATION
Location
West Boylston, MA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
20
Facilities
excellent condition all remodeled, new equipment, 5,300 SF space
Competition
Limited competition in this particular town
Growth & Expansion
The space opened in 2021 with limited hours. In 2023 lunch service began and sales jumped from 1.6 million to 2.3 million. With the addition of a new patio last year, the spring/summer months are only going to continue to grow. The kitchen is well equipped for catering which could certainly be a revenue driver for 2024
Financing
negotiable
Support & Training
Available
Reason for Selling
retirement
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