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Massachusetts Business For Sale |
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| ITALIAN RESTAURANT JUST LISTED! |
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| Attn: Ted Capodilupo |
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| Norfolk, MA, USA |
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| Asking Price: |
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$305,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Seller relocating |
| Year Established: |
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1993 |
| Yearly Cash Flow: |
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$61,000 |
| Yearly Gross Income: |
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$628,000 |
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Business for Sale Overview:
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Here is your chance to own a well established Italian restaurant in the neighborhood. Annual sales exceed $650,000 with owner's cash flow of $61,000. Owner financing available to credit worthy buyers. Great food, full liquor license, with a great luncheon business. Fully remodeled and turnkey. All the bells and whistles are complete, very easy for the owner operator or management company to come in and make money from day one. This business will not last at this price. Substantial price reduction for cash buyer.
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Property Features and Assets:
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Great opportunity to own a well established Italian restaurant in the neighborhood. Great location with easy access to highways and major roads. Plenty of parking, spacious dining area. This restaurant is ready to handle any corporate or family function. |
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Market Competition and Expansion:
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The restaurant is only open for lunch daily from wed through Friday, and dinner nightly. Based on the location and close proximity to office buildings in the area and housing units, a good marketing campaign would greatly improve business, and increasing hours of operation would bring in more cash flow to already fabulous business. Increase cash flow by working as your own manager, or not having to pay the chef, will increase cash flow over $50,000 come and see. Make offer. Seller will reduce price dramatically for cash deal. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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