Massachusetts Business For Sale

ITALIAN RESTAURANT...PEABODY-DANVERS Area

Peabody - Danvers, MA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$575,000
Not Disclosed
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
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870019596
Owner Financing is Available
Some seller financing. Please inquire.

Business Overview:

AVERAGING $23k- $25K PER WEEK. NEW LONG LEASE AT $6,700/MO. UPSCALE DINING ROOM, COZY PUB WITH WOOD-FIRED OVEN, AND FUNCTION ROOM. ASKING $575,000 WITH SOME SELLER-FINANCING. LOCATED IN THE RTE. 1 NORTH AREA.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

200 seats, Large parking lot, Great visibility, Full liquor & entertainment licenses.

Reason for Selling:

Retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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