Gourmet Burgers and Pub (Restaurants, Full-Service Restaurants)
- Massachusetts, Worcester
| Seller Financing: |
Yes |
| Lender Pre-Qualified: |
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| Listing ID: |
74778 |
| Status: |
Active |
Listing Details
| Listed Price: |
$275,000 |
| Down Payment: |
$50,000 |
| Total Sales: |
$940,000 |
| SDE: |
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| EBIT: |
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| EBITDA: |
$148,000 |
| FFE: |
$300,000 |
Included? Yes |
| Real Estate: |
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Included? |
| Inventory: |
$10,000 |
Included? Yes |
| A/R: |
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Included? |
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| Reason for Sale: |
Retirement |
| Training: |
Seller agrees to aid in a smooth transition. |
| Financing Terms: |
Seller agrees to finance a substantial portion to a qualified buyer. |
Operations
| Year Established: |
2007 |
| Last Acquired: |
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| Form of Ownership: |
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| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
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| Absentee Owner: |
No |
| Online: |
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| Employees: |
Full Time: 6 / Part Time: 15 |
| Managers: |
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| Hours: |
7 days a week, Lunch and Dinner hours only |
| 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: |
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| Facilities: |
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Summary
| Business Description: |
Well-known Restaurant Serving
Gourmet Burgers and American Fare
Full Liquor License
This is a consistently profitable business with potential to expand hours and add a profitable bar business. This restaurant is known for having a great location, relaxed dining and easy access to local Colleges. Sales have been consistent without changes to the menu and with limited capital expenses the business could be increased by adding breakfast and/or dinner fare.
Price to Sell at $275,000
$50,000 down payment with owner financing to the right buyer
Profitable with Great Financing!
2011 Sales $900,000 / Cash Flow $148,000*
* Cash Flow based on buyer operating as an independent business and as an owner/manager.
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| Historical Summary: |
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| Owner Qualifications: |
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| Competition: |
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| Potential Growth: |
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