Owner Financing is Available!
Business Overview:
Pizzeria & Grill with strong location in Cambridge. The pizzeria is centrally located and has a very favorable rent. The Shop’s sales are growing and the Seller’s Adjusted Discretionary Earnings are approximately $75,000 per year. The Seller is moving abroad and is willing to offer financing with 50% down.
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:
FACILITY: The space is approximately 1,500 square feet; plus a full basement. PARKING: On street parking. EQUIPMENT: The equipment is in fair condition and is of good quality. LEASE TERM: Four (4) year lease with a four (4) year options available. BASE RENT: $2,800 (Includes the triple nets). CONCEPT: Pizzeria & Grill. SEATING: Currently there are Seats for 18 patrons inside. HOURS: 10:00 AM – 11:00 PM (Can be open until 1:00 AM). LICENSES: C.V.. SALES: Approximately $338,000 per year. CASH FLOW: Adjusted cash flow is approximately $75,000. ASKING PRICE: $80,000 for the Business (Financing Available with 50% down).
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.