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Business For Sale

$15K/WK. ITALIAN PIZZERIA-LOWELL

Attn: Dennis Serpone
Lowell, MA, USA
Listing Number: "DS"
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Asking Price: $$295,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Moving out of state.
Yearly Revenues: $$750,000
Yearly Net Profit: $$150,000
 

Business for Sale Overview:

THIS IS THE MOST BEAUTIFUL AND MOST HIGHLY RECOGNIZED PIZZA PLACE IN THE LOWELL AREA. CENTERED AROUND NUMEROUS ACTIVITY CENTERS, THIS PLACE IS BUSY ALL THE TIME. THE REAL ESTATE IS AVAILABLE WITH ANOTHER TENANT IN PLACE. PRICE REDUCED...WORKING WIFE HAVING FIRST CHILD. ASKING A REASONABLE $295K ...NETS ABOUT $150K PER YEAR AND THE VOLUME GROWS EVERY YEAR!!! TERRIFIC KITCHEN WITH HUGE ROTARY OVEN. IF YOU'RE SERIOUS ABOUT MAKING MONEY, GET OUT HERE QUICKLY TO SEE THIS!!!


Property Features and Assets:

Outside patio in front of the store and also in back where there is entertainment on the weekends. Furniture and equipment is so well kept that it all looks new. 3,000 sf. Provides all food for a nearby bar with no cooking equipment...they call, they pick up, they pay...A LOT! Rent is $5K/mo. but that includes all the triple net landlord charges. 10 yrs. left on the lease.


Market Competition and Expansion:

This location has no competition. Plenty of room for growth...only doing 10% delivery right now.


Additional Details:

  • 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 may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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