Belmont-Cambridge Greek Style Pizza

Belmont, MA
Middlesex County

Belmont-Cambridge Downtown Suburban Boston


Asking Price: Annual Revenue:
$195,000 $750,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Belmont-Cambridge Greek Style Pizza Broker: John Ruggieri
Owner Financing is Available!
$100,000 down with balance financed for 5 years at 6%

Quick Facts

Asking Price: $195,000
Annual Revenue: $750,000
Net Profit: $150,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 8
BBN Listing #: 413819596
Broker Reference #: jr138

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Business Overview:

Belmont- Cambridge…Main street---Pizzeria & Sub Shoppe

SALES VOLUME: $14,000/week. % Delivery: 40%

SELLING PRICE: $195,000 DOWN PAYMENT: $100,000

LEASE: $3,500 + NNN Years Left: 12

SQUARE FOOTAGE: 700 square feet plus full basement

HOURS OF OPERATION: Tuesday - Thursday 10-8, Friday - Saturday 10-9, Sunday 12-8 (Closed Mondays)

SEATING: (inside) 24 seats (outside) 8 seats

REASON FOR SELLING: Serious health issues
COMMENTS: Very nice GREEK-style pizza shop in a VERY affluent bedroom community just north of Boston. Long established operation, right in the center of town with great visibility. Many loyal customers. Delivery is 40% of business.

Don’t wait. Avery nice operation with a lot of room for more growth.
Nets over $150,000/year.

Contact John Ruggieri. Please use reply to this ad button to contact us.

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Property Features and Assets:

Facility is in very good condition with many new or updated equipment.

Market Competition and Expansion:

:Some in the area with different styles of pizza. Has a very loyal clientel. The folks in the area do not like chains, they would rather support the local independent operations

Reason for Selling:

Health Issues

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.

Documents:

Relevant Links:

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