Restaurant & Function Hall (SALE PENDING) (Restaurants, Full-Service Restaurants)
Templeton - Massachusetts, Worcester
| Seller Financing: |
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| Lender Pre-Qualified: |
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| Listing ID: |
73806 |
| Status: |
Active |
Listing Details
| Listed Price: |
$199,000 |
| Down Payment: |
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| Total Sales: |
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| SDE: |
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| EBIT: |
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| EBITDA: |
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| FFE: |
$100,000 |
Included? Yes |
| Real Estate: |
$500,000 |
Included? Yes |
| Inventory: |
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Included? No |
| A/R: |
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Included? |
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| Reason for Sale: |
Bank owned. |
| Training: |
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| Financing Terms: |
Possible financing through bank for Real Estate. |
Operations
| Year Established: |
1920 |
| Last Acquired: |
2005 |
| Form of Ownership: |
Currently bank owned. |
| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Commercial |
| Absentee Owner: |
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| Online: |
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| Employees: |
Full Time: / Part Time: |
| Managers: |
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| Hours: |
Currently Closed |
| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Monthly Rent: |
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| Square Footage: |
17400 |
| Facilities: |
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Summary
| Business Description: |
SALE PENDING - Billiard Hall, Restaurant, BAR, Club (DJ, karaoke, & great live music venue), BANK OWNED Opportunity including REAL ESTATE. Could be the best deal ever for the right buyer, as the new owner will have equity in the Real Estate on Day one. The Bank wants it sold yesterday. ALL reasonable OFFERS will be CONSIDERED!! Freestanding building in Templeton, located less than 45 minutes from Worcester, with seating for up to 450!! Although location may seem rural, they draw from many of the surrounding towns, and used to bring quite a crowd. |
| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
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| Potential Growth: |
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