Asking Price:$945,000 ($195,000 Business + $750,000 Real Estate) Cash Flow:$175,000 Gross Revenue:$2,114,529 FF&E:$150,000 Real Estate:$750,000 Business Description Profitable and popular franchise opportunity to acquire all three units strategically located on highly trafficked locations within a 10-minute drive from each other. Operating for over 20 years, one free standing location is included in the sale. The other two units are both leased. One is free standing with a drive through window and the third, opened in the summer of 2022, is in a busy strip center with a takeout window in addition to interior service and seating. Sale includes a delivery vehicle and a food truck for auxiliary events. Allocated value to real estate asset (1 location) $750,000/ $195,000 for Business/FF&E (3 locations) Detailed Information Location: Barnstable County, MA Real Estate: Owned Included in asking price … [Read more...]
Worcester County Long Standing Full-Service Restaurant w/ Real Estate
Worcester County, MA ***UNDER LOI/NO SHOP*** This recently renovated restaurant has been serving Worcester County for several decades! There are three unique dining spaces within. A casual room with booths and mixed seating for a quieter dining experience, a large, expansive bar/lounge area with 38 barstools, and a function space for 80 that can also be used for additional seating during peak times. The location provides a large parking lot with an additional adjacent lot that is used for overflow and employees. The restaurant also has a large patio that is used for dining and can be reserved for private functions. This large-scale property has indoor seating for 325 and outdoor seating for 60. The menu is filled with plenty of appetizers, salads, sandwiches, entrees, and desserts. Full liquor license. 70% food sales 30% alcohol sales. Sales growth year over year = 10% There are over 500 new homes within a 3-mile radius nearing completion that will add to sales growth in the … [Read more...]
Turnkey Elevated F/S Restaurant & Tavern Concept showing huge growth!
Worcester County, MA - "UNDER AGREEMENT" 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. 2023 Sales: $2.3M Asking Price $475,000 email pturano@tbxllc.com for more information … [Read more...]