BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$199,000
Furniture, fixtures and fittings included.
Turnover / revenue:
$800,000
Net profit / cashflow:
$90,000
Years established:
1970
Trading hours:
Sun-Thurs 11-11, Kitchen at 10 Fri-Sat 11-12am, Kitchen 11pm
Number of employees:
22
OTHER DETAILS
Reason for selling:
Seller needs to relocate of the state
Financing available:
Some owner financing available to qualified buyer
Support and training:
Seller agrees to aid in smooth transition
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
This Pizza Pub features pizza, pasta, burgers, salads & signature sandwiches, drink and entertainment. Full alcohol pouring license. The location is central to six Worcester colleges and upscale neighborhoods. The facility and business were modernized approximately 3 years ago, and has experienced 20% per year since rebranding. The pub style atmosphere generates 55% liquor and 45% food sales. Seller owns the real property and will lease to a business only buyer, or include the real property. This is an opportunity to build on real momentum initiated by an experienced restaurateur, who must sell due to a forced family relocation out of State.