George & Company

Motivated Seller - Restaurant w/ Full Liquor License  #15681

Worcester County, MA

Seller Financing Available

Asking Price: $175,000

Cash Flow: $75,000

Gross Revenue: $527,000

FF&E: $60,000

Inventory: $13,000*

Established: 2015

 

*not included in asking price.


Business Description

 

This Seller is very motivated and looking towards retirement.
Established Bar & Grill in Worcester County with a favorable 5-year lease for new owner and a Seller that is offering one month of training if needed.


Revenue for 2020 was $500,000+ with a Cash Flow of $75,000 and January thru May 2021 is up 12%.


Full Liquor License, Lottery & Keno and offers dine-in, take-out, delivery, on-line ordering, door dash, grub hub.


 

Detailed Information

 

Location: Worcester County, MA

Inventory: Not included in asking price TBD

Employees: 20 Part-time

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

Facilities: Facility is 2,500-3,000 sf in a shopping/office plaza.

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

Support & Training: Seller supports transitional training for up to 1 month if needed.

Reason for Selling: Retirement

Contact: Wayne Andrews

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  

 


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