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July 24, 2008, 5:49 am   
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5 Star Restaurant

Listing #14991
General Location Worcester County
Current Status New


Terms of Sale

Asking Price: $200,000
Down Payment: $Third Party Financing Available
Real Estate Value : $450,000
Financing: Flexible financing available to a qualified buyer.


Financials

Gross Sales: $475,000
Cash Flow: $95,000


General Information

Established: 2004
Business Hours: 5:00 p.m. - 9:00 p.m. 7 days
Employees: 2 Full Time; 7 Part Time
Area Square Foot: 3,262

 

Description

This is an established and successful Five Star Restaurant that is considered one of the best in central Massachusetts. The restaurant is located on the first floor of a remodeled New England Cottage style building. The second floor includes an office and apartment that could serve as owner’s quarters, or could be rented out for additional income. The restaurant has several dining rooms with an up-scale elegant atmosphere. A new owner can continue with the present dinner house hours, or expand by adding lunch. Included is a well equipped kitchen and full cellar for storage. The property is ˝ acre and has an off-street parking lot for patrons.


Contact Information

Contact: Jeff Lefebvre
Phone: 508-753-1400
Email: info@georgeandco.com

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