317 Boylston St, Worcester, MA 01606-2326
This exceptional restaurant and bar opportunity in Worcester, MA, presents a lucrative investment. The fully operational establishment boasts a spacious interior with seating for up to 120 patrons, featuring a spectacular open layout and stunning views. A striking horse-show style bar accommodates an additional 23 guests. The fully equipped kitchen is complemented by a state-of-the-art, two-year-old eight-tap draft beer system. Operational efficiency is enhanced by an Aloha POS system. Ample storage is available in the full basement, which also houses a beer cooler. Additional conveniences include a walk-in cooler and freezer near the kitchen and office. Entertainment is provided by ten televisions strategically placed throughout the venue, along with five Keno screens and a scratch ticket machine. Security features include an alarm system and twelve security cameras. An ATM is also on-site. The business benefits from a loyal and established clientele. A beautiful outdoor patio with eight tables provides seating for another 32 patrons. This turnkey operation is ready for immediate ownership, with an excellent lease in place and the possibility of a long-term extension. The current owner is willing to provide training to ensure a smooth transition for the new owner. The asking price is $985,000.
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2 Chefs Italian Restaurant & Bar Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
BL-1 · Worcester, MAWorcester. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.