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- RE: Billerica/Burlington Great Rst. Beef & Seafood
- Contact: John Francis
Quick Facts
| Asking Price: | $425,000 | |
| Annual Revenue: | $850,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $150,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1020162 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
LOCATION: BILLERICA-TEWKSBURY area- ROAST BEEF & SEAFOOD
SELLING PRICE: $425K DOWN PAYMENT: $150K
SALES VOLUME: $16K -$18K/wk.
LEASE: $6K/mo. (includes NNN) …approximately 7% of sales
SQUARE FOOTAGE: 2,000 sf.
SEATING: 20 seats
HOURS OF OPERATION: 7days, 11 AM to 8 PM
REASON FOR SELLING: Retiring after 30 yrs. of operating daily.
VERIFIABLE ANNUAL NET INCOME: $150,000 per year
COMMENTS: Sellers recently spent $200,000 renovating the store. No competition for 3 or 4 miles. Strip center location with only 2 stores and plenty of off-street parking…thousands of cars drive by every day. NO deferred maintenance.
LOCATION: BILLERICA-TEWKSBURY area- ROAST BEEF & SEAFOOD
SELLING PRICE: $425K DOWN PAYMENT: $150K
SALES VOLUME: $16K -$18K/wk
LEASE: $6K/mo. (includes NNN)…approximately 7% of sales
SQUARE FOOTAGE: 2,000 sf.
SEATING: 20 seats
HOURS OF OPERATION: 7days, 11 AM to 8 PM
REASON FOR SELLING: Retiring after 30 yrs. of operating daily.
VERIFIABLE ANNUAL NET INCOME: $150,000 per year
COMMENTS: Sellers recently spent $200,000 renovating the store. No competition for 3 or 4 miles. Strip center location with only 2 stores and plenty of off-street parking…thousands of cars drive by every day. NO deferred maintenance. Presently working on expanding social media. Your cash investment returned in one year.
Your cash investment returned in one year.
Contact the Seller:
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Property Features and Assets:
Property is located on a very heavily travelled numbered route. Surrounded by plenty of Industry and housing. Clase to two major Highways.Â
Market Competition and Expansion:
More social media would increase sales.Â
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- 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:
- View more Massachusetts businesses for sale
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- Find a business broker
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