Italian Restaurant with Heavy Take-Out

North Reading, MA
Middlesex County

Rte. 28 Between Stoneham and Andover


Asking Price: Annual Revenue:
$225,000 $832,000

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Italian Restaurant with Heavy Take-Out Broker: Betsy masucci
Owner Financing is Available!
Down payment $50,000

Quick Facts

Asking Price: $225,000
Annual Revenue: $832,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 757419596
Broker Reference #: EM1505

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

LOCATION: Rte. 28, between Stoneham and Andover

SELLING PRICE: $225,000 DOWN PAYMENT: only $50,000

SALES VOLUME: Averaging $15,000 - $17,000/week. 80% pick up & delivery

LEASE: $2,95/month (includes NNN) 5% of sales Years LEFT: 10 years +

SQUARE FOOTAGE: approximately 2,500 square feet sprinkled.

HOURS OF OPERATION: OPEN 5 DAYS, mostly 10 AM - 9 PM (pick up an additional $2,000 - $3,000/week opening 7 days)

SEATING: 65 seats

COMMENTS: Presently not pushing Beer & Wine...full liquor license is available.
Partnership dispute forces sale consideration. Seller owns another food operation in Newton...can't handle both. Nice dining room...large parking lot. A seasoned operator will immediately see the value and potential.

$50,000 puts you in business!
Contact Betsy or email us.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Nice dining room, large parking lot.

Market Competition and Expansion:

Minimal competition, large loyal customer base.

Reason for Selling:

Owner has other restaurant.

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:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!