Worcester Area Pub

Worcester, MA (Worcester County)

Seller Financing Available
Worcester Area Pub
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Asking Price: Get Financing: $69,000

Cash Flow: N/A

Gross Revenue: $340,000

EBITDA: $88,000

FF&E: N/A

Inventory: $7,000*

Lease Rate: $2,400 /SF/Month

Established: 1991

*not included in asking price.

Worcester Area Pub

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Business Description

Long established bar in Worcester for sale. Profitable for 30 years and counting with only two owners. In a great area surrounded by national retailers. Heavy traffic count and ample parking make this a home run. 3+ years remaining on the first term with a 5-year option. Small kitchen with burgers, sandwiches, and appetizers. Rent is $2,400 per month gross plus utilities fixed for the first term.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
8
Facilities:
2000 sq ft of space with a full Bar and kitchen.
Competition:
Local pub in a busy area with multiple businesses in close proximity.
Growth & Expansion:
Could expand food offerings.
Support & Training:
Two weeks.
Reason for Selling:
retiring
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Mark Johns

Business Listed By:
Mark Johns

Kelleher & Sadowsky

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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