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- RE: Wayland-Italian Restaurant W/strong Pizza Online
- Contact: Dennis Serpone
Quick Facts
| Asking Price: | $395,000 | |
| Annual Revenue: | $1,800,000 | |
| Net Profit: | $250,000 | |
| 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 #: | 128219596 | |
| Broker Reference #: | DS0234 |
Business Overview:
SELLING PRICE: $395,000 …firm DOWN PAYMENT: $125,000
however, the seller will take $300,000 in an all cash deal.
SALES VOLUME: strong $31,000 - $33,000/week % Delivery: approximately 20%...mostly P/U
LEASE: $10,000/month. (includes NNN)…only 7% 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 $250,000/year
Contact Sue.
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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:
None
Reason for Selling:
Retiring
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
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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