Property summary
This exceptional turnkey restaurant and bar opportunity in Agawam, MA, boasts impressive annual sales averaging $3,000,000. The establishment, located at 63 Springfield St, features a stunning custom-built interior with a 52-seat live-edge wood bar, 29 additional live-edge wood tables, and 24 TVs. A spacious private banquet room accommodates 115 guests, complete with its own bar, sound system, and draft lines. The high-volume commercial kitchen is fully equipped with a hood system, Ansul fire suppression, walk-in freezer and refrigerator, and all necessary commercial appliances and prep areas. Ample storage is available with four closets, a secure liquor storage room, and an attached trailer. The upstairs office houses telecommunications equipment, security cameras, and computers. The total seating capacity is 410. The owner's initial investment for build-out, including all equipment and furnishings, was $700,000. Lease terms are transferable. Seller financing is available. This is a rare opportunity to acquire a thriving, established business with significant potential for growth. The property is being offered at $300,000.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
BA · Agawam, MAZoning
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Zoning designation
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