Established Restaurant Business and
For Sale
$5,500,000
436 Parker Street, Springfield, MA 01129
Profitable Golden Corral franchise with real estate for sale.
Property Size10,020 SF
Price / SF$548.90
Days on Market612
Property Features for 436 Parker Street
General Information
Standard status
Active
Size
10,020 SF
Property subtype
Commercial
Building Details
Year Built
2009
Listing Agency:
LPT Realty,LLC
(781) 888-1851
Listed By:
Kyle Chen
(508) 287-2695
Source:
Demakis
Added: Dec 26, 2024
Changed: Aug 28
Last Checked: Aug 29 at 10:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty,LLC
Investment Insights
Based on property information with market context.
This offering includes both the business and real estate of a Golden Corral franchise location that has been operating since 2009. The property is located in a commercial area of Springfield with high traffic. The building is 10,020 square feet and is situated on a 2.05-acre lot. The restaurant has seating for 399 guests and 130 parking spaces. The restaurant has a 4.1-star rating with over 7,100 Google reviews. The restaurant is ranked #63 on the Franchise Times Top 400 List. The annual revenue averages around $4,000,000 with a 12-15% net profit. This is a chance to own a national brand buffet restaurant with a customer base, ideal for investors or owner-operators seeking a stable, income-producing asset.
Key Highlights
- Established Golden Corral franchise with real estate included in a high‑traffic location.
- High annual revenue of approximately $4,000,000 with a 12‑15% net profit.
- Highly rated with 4.1 stars and over 7,100 Google reviews.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
342k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Shops & Services 24%
Groceries 16%
Apparel 13%
Marshalls
Apparel
46,021 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
32,945 visits/mo
0.2 miles
Stop & Shop
Groceries
31,652 visits/mo
0.3 miles
Aldi
Groceries
24,147 visits/mo
0.4 miles
Ocean State Job Lot
Shops & Services
23,435 visits/mo
0.3 miles
Demographics for 01129, MA
7,024
Population
2,699
Households
2.6
Avg Household Size
43
Median Age
31%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
2,066
Density / Sq Mi
$92,500
Median Household Income
$49,316
Median Earnings
$1,325
Median Rent
$239,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Profitable Golden Corral franchise with real estate for sale.
Where is this conventional restaurant located?
The property is located at 436 Parker Street Springfield, MA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Established Golden Corral franchise with real estate included in a high‑traffic location.; High annual revenue of approximately $4,000,000 with a 12‑15% net profit.; Highly rated with 4.1 stars and over 7,100 Google reviews.
