Massachusetts Business For Sale - Restaurant - George & Company

Fabulous Restaurant in Northern Worcester County #15509

Worcester County, MA

Seller Financing Available

Asking Price: $329,900

Cash Flow: $121,941

Gross Revenue: $1,274,755

EBITDA: N/A

FF&E: $50,000

Inventory: $15,000*

Lease Rate/Sq. Ft.: $11.76/SF/yr

Established: 2007

*not included in asking price.

Business Description

2016 was their “Best Year Ever”  with Revenues of $1,274,000


Tremendous Revenue Growth over several years.

Well-known Restaurant with Retail counter sales.

Offering seafood and speciality dishes.

Great meeting place for loyal local customer base as well as tourists.


Owner/Chef founded business 10 years ago.


Detailed Information

Inventory: Not included in asking price

Real Estate: Leased

Building SF: 2,180

Lease Expiration: N/A

Employees: 26

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Located in a 2,180 sf leased space with plenty of parking in a shopping strip of various shops.

Competition: Nice location, not many specialty restaurants in the area.

Growth & Expansion: Restaurant could open on Monday's, as they are currently closed.

Financing: Possibly some seller financing for a well-qualified buyer.

Support & Training: This family owned business supports the training to aid in a smooth transition for new owner & patrons.

Reason for Selling: Occupation change.

Contact: Tim Cavan

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


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