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Business For Sale

Stoneham Upscale Italian Restaurant

Stoneham, MA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$100,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1984
13
72219596
Owner Financing is Available!
All cash assrt sale. Closed due to illness

Business Overview:

Location: Center of a highly populated North Shore town. Selling Price: $100,000 Asset Sale. Sales Volume: closed due to illness. Number Of Seats: 50 seats. 15 at the bar. Square Footage: 2,000 square feet. Hours Of Operation: 4pm – 1 am, 7 days. Comments: Can you be a good manager. This is an exceptional restaurant…Terrific food, great atmosphere and an excellent location. Impeccable reputation for years. Nice build out with 15 seat granite bar. Plenty of parking! Phantom Gourmet approved! Excellent kitchen! Great Landlord! Full entertainment license! Owner spent 350,000 on the build out, everything is brand new. Includes full liquor license, entertainment license..

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:

located in strip mall with good parking and excellent frontage

Market Competition and Expansion:

Not much in the area. Tons of potential for growth with reasonable budget for marketing

Reason for Selling:

Illness forces sale

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.
 

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