Address Not Disclosed Worcester, MA 01655
- Retail properties
- 4,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Address Not Disclosed
- Property size
- 4,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Prime opportunity to acquire a thriving restaurant and its real estate in Worcester, Massachusetts. This 4,000 square foot establishment is ideally situated in Worcester County, zip code 01655, offering a highly desirable location for a food service business. The property includes ample parking with 30+ spaces, accommodating both staff and patrons. The restaurant features a full bar and seating for 125 guests, complemented by seasonal outdoor dining. Recent extensive renovations have modernized the space, including new bathrooms, a fully equipped kitchen, walk-in coolers, a state-of-the-art HVAC system, and fire sprinklers. All fixtures, furniture, and equipment (FF&E) are included in the asking price of $1,690,000. The current operation employs 15 people and the seller is offering two weeks of support and training to ensure a smooth transition. The reason for sale is due to the owner pursuing other interests. This turnkey operation presents a unique investment opportunity with significant potential for growth and return. Inventory is also included in the asking price. The address is undisclosed, but a showing can be arranged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7588
- Latitude
- 42.2717
