Request More Information Contact the Seller
- RE: Wayland-Italian Restaurant W/strong Pizza Online
- Contact: Bob Cioffi
Quick Facts
Asking Price: | $595,000 | |
Annual Revenue: | $1,800,000 | |
Net Profit: | $300,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 21 | |
BBN Listing #: | 128219596 | |
Broker Reference #: | BC 21 |
Business Overview:
SELLING PRICE: $595,000 …firm DOWN PAYMENT: $200,000
however, the seller will take an all cash deal, to be negociated.
SALES VOLUME: strong $38,000 - $40,000/week % Delivery: approximately 20%...mostly P/U
LEASE: $10,000/month. (includes NNN)…only 5.5% of sales Years LEFT: new lease available
SQUARE FOOTAGE: approximately 3,000 square feet.
HOURS OF OPERATION: 7 days, mostly 4 – 10 PM
SEATING: (inside 101 seats) (outside 50 seats)
REASON FOR SELLING: retiring.
COMMENTS: Rarely do you find such a beautiful restaurant in an affluent area known for their fabulous Italian food and pizza. Great visibility, huge parking lot, and easily worked kitchen. No deferred maintenance. NETS OVER $350,000/year Its all brand new with newer upgrades. Absolute Turn key!
Contact Bob @ 781-820-9288 or Bobcioffi14@gmail.com.
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:
Pristine build-out...open kitchen. Popular bar...with a pop-up large patio outside. You need to see this if you're a serious operator.Market Competition and Expansion:
Additional space next door is now available to expand this busy restaurant.
Reason for Selling:
RetiringAdditional 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
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information