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Italian Restaurant Business with Liquor License
For Sale
$375,000

785 Quaker Hwy, Uxbridge, MA 01569

An operating Italian dining business transfers with its furniture, fixtures, equipment, and liquor license.

Property Size1,942 SF
Days on Market8

Property Features for 785 Quaker Hwy

General Information

Standard status Active
Size 1,942 SF
Property subtype Commercial

Building Details

Building Size 1,942 SF
Year Built 1942
Listing Agency: Remax Revolution
Listed By: Michael Alves · License #REB.0014141
Source: Iverty
Added: Sep 28 Changed: Oct 4 Last Checked: Oct 4 at 10:36AM

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 Remax Revolution

Investment Insights

Based on property information with market context.

The offering is the restaurant operation only; the real estate is excluded. The business serves Italian cuisine and has operated for more than a decade. Furniture, fixtures, and equipment, along with a liquor license, are included in the sale.

Key Highlights

  • Italian restaurant operation with more than 10 years in business
  • Furniture, fixtures, and equipment convey with the business
  • Liquor license included in the sale

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,768
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,360 $615.4K
Cap Rate 7%
$439,543 $439.5K
Cap Rate 9%
$341,867 $341.9K
Market Conditions
NOI Build-Up for 1,942 SF
Gross rent
$41.9K $21.60/SF
− Vacancy
−$923 −$0.48/SF
EGI
$41.0K $21.12/SF
− OpEx
−$10.3K −$5.28/SF
NOI
$30.8K $15.84/SF
Area
Worcester County, MA
Vacancy
2.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$615,360
Cap Rate 7%
$439,543
Cap Rate 9%
$341,867

Alternative Uses

Best Use
Specialty Retail
$439.5K
$384.6K – $512.8K (±1% cap)
NOI $30,768 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$663.2K
$580.3K – $773.7K (±1% cap)
NOI $46,422 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Gia Ristorante Italiano Restaurant

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Garden Center Restaurant Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby
25k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 98% Shops & Services 2%
McDonald's Dining
24,502 visits/mo 0.3 miles
Storage Rentals of America Shops & Services
411 visits/mo 0.2 miles

Demographics for 01569, MA

14,193
Population
5,523
Households
2.6
Avg Household Size
44
Median Age
39%
College-Educated
96%
High-School Grad
29.4 sq mi
ZIP Area
483
Density / Sq Mi
$122,458
Median Household Income
$61,245
Median Earnings
$1,480
Median Rent
$417,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - An operating Italian dining business transfers with its furniture, fixtures, equipment, and liquor license.
Where is this conventional restaurant located?
The property is located at 785 Quaker Hwy Uxbridge, MA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Italian restaurant operation with more than 10 years in business; Furniture, fixtures, and equipment convey with the business; Liquor license included in the sale
More about this property
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