Excellent High-Volume Pizzeria & Subs in Affluent Boston Suburb

Middlesex County, MA
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Sale Pending
Asking Price:$515,000
Gross Revenue:$1,479,000
Cash Flow:$255,000
BUSINESS DESCRIPTION

High Volume Pizzeria & Subs. Excellent location in an affluent community just outside of Boston. The business has been in the same family for over 30 years. First time offered for sale – the business is run by a semi absentee owner. Perfect for a new owner/operator to step right in. The business has potential to significantly increase sales and profits by simply updating the space and the menu. An experienced owner/operator should be doing 40k plus per week at this location. Rare opportunity for a great store in an excellent area. Offers encouraged!

PARKING: Private parking lot
EQUIPMENT: The equipment is in good condition and has been well maintained.
LEASE TERM: 2 years with two (2) five-year options
BASE RENT: $7,900 (plus triple nets)
CONCEPT: High Volume Pizzeria & Sub Shop
SIZE: 1,700 square feet
SEATS: 18
HOURS: Open daily 11am - 10pm
EMPLOYEES: 14
LICENSES: Food, Health, Building
SALES: $27,000 per week; $1,479,000 in 2023
CASH FLOW: $255,000 per year

ASKING PRICE: $515,000 (For the Business)


DETAILED INFORMATION
Location
Middlesex County, MA
Inventory
Not Included in asking price
Real Estate
Leased
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Todd
Smith
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Todd Smith