Profitable Pizzeria & Sub Shop
Location Massachusetts,United States
Asking Price Range < $250K
Gross Revenues $355400
Net Profit / Cash Flow $37000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory 60000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Training will be provided.
Reason for Sale They have too many locations.
Description Established and profitable suburban Pizzeria & Sub Shop for sale with plenty of upside for an owner operator. With this Point of Sale System, customer list, and phone number you won't miss a beat as you step into this turnkey opportunity. The current absentee owner is clearing approximately $37,000 a year. A good owner operator could expect to clear $80-$90k with this opportunity.
Facility: This is a storefront facility located on Water Street with good visibility. The space is approximately 1,500 square feet and contains 25 seats with a functional layout.
Condition: The building and restaurant are in Good condition.
Parking: There is plenty of on-street parking.
Equipment: Has been well maintained and is of good quality.
Lease Term: Nine (9) years remaining on the lease with one Ten (10) year option.
Base rent: $1,400 NNN per month (which includes everything except the utilities)
Concept: Pizzeria, Subs & Italian fare
Seating: 25 seats
Hours: 11:00AM -11:00PM.
Restrictions: None
Licenses: Common Victual's
Sales: Approximately $355,400 per year
Cash Flow: Approximately $37,000 (this is with an absentee owner)
Price: $150,000 (Or best Offer)
Click Here To Contact Seller
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