Pepperell, Profitable Well Established Restaurant
Pepperell, MA Middlesex County
Main road, res/bus location
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- RE: Pepperell, Profitable Well Established Restaurant
- Contact: ANTHONY DANTONIO
Quick Facts
| Asking Price: | $245,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $175,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 781619596 | |
| Broker Reference #: | AD001 |
Business Overview:
RARE OPPORTUNITY TO BUY BUSINESS AND REAL ESTATE at FMV
Groton area…heavily traveled main road. ~~Italian Restaurant with active bar and REAL ESTATE (free-standing bldg. with parking)
SELLING PRICE: $245,000 Fair Market Value for the real estate. SBA financing readily available and seller financing available for the right buyer.
SALES VOLUME: Strong $20,000 per week
SQUARE FOOTAGE: building footprint is approximately 2,500 SQFT (finished area 2210 SQFT) with a large 2nd floor of storage, prepping, and office.
HOURS OF OPERATION: 6 days; mostly 11am – 9 pm, weekends Noon – 9 pm
SEATING: 60 inside, including bar, 20 outside.
REASON FOR SELLING: overwhelmed managing 3 other restaurants and a B&B
COMMENTS: No competition & no problem with staffing and with the real estate being available, this could be your next home. Town sewerage. ABSENTEE OWNER. If you’re credit-worthy and ready to be the master of your own place…
Anthony "Tony" D'Antonio 781-475-0778 or email ajdantonio3@gmail.com
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Property Features and Assets:
Free standing building with great parking availability and outside dining area. Prep area for catering on the second floor with office.
Market Competition and Expansion:
No competition in close proximity. Business expansion possibilities with hands on management.
Reason for Selling:
Managing 3 other restaurants.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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