(Lee) restaurant/ bar BEST value at $55,000. w/ terms.

Worcester County, MA

Seller Financing Available
(Lee) restaurant/ bar BEST value  at $55,000. w/ terms.

Asking Price:$55,000

Cash Flow:$50,000

Gross Revenue:$200,000

EBITDA:N/A

FF&E:$90,000

Inventory:N/A

Established:2003

(Lee) restaurant/ bar BEST value at $55,000. w/ terms.

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Business Description

Great restaurant located 10 miles west of Worcester, MA that was renovated in 2013 with full liquor with a bar and keno. Only open for 6 day operation located on a heavily travel main street.Serving Italian food and pizza. Seat approximately 60 persons. Rent is only $1650 includes r.e. tax. Excellent rent for the 2600 s.f. area. The yearly sales $200,000 generating a good cash flow.The restaurant has an full- line open kitchen with prep area.and working area.. The equipment is well maintain and in excellent working condition This place is meticulous, huge upside potential with low overhead, truly a turnkey opportunity, could be easily converted to serve any concept. There ample parking and additional parking nearby..

Note: All sales information is furnished by the seller, broker does not certify, warrant, guarantee or make any representations about the same and subject to errors, omission, prior sale, change in price, or withdraw from market without notice. The Broker represents the seller in this transaction..

Attached Documents


Detailed Information

Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Great location on a heavy travel main street.
Growth & Expansion:
Expanding the hours to increase the bar business, marketing, promoting in the area..
Financing:
$35,000 down payment and payment of $1000 per month for 20 months to qualified buyer.
Reason for Selling:
Owner is relocating out ot state after 12 years of operating this business.

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Ming & (Kyung Hae Lee) Dong

Business Listed By:
Ming & (Kyung Hae Lee) Dong

Lee Brokers

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