Lynn/Saugus Area Pizza & Sub

Lynn, MA
Essex County

Lynn/Saugus


Asking Price: Annual Revenue:
$295,000 $780,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Lynn/Saugus Area Pizza & Sub Broker: John Ruggieri
Owner Financing is Available!
$100k down with balance financed over 5 years @ 6%

Quick Facts

Asking Price: $295,000
Annual Revenue: $780,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1970
Employees: 10
BBN Listing #: 322819596
Broker Reference #: jr138

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Business Overview:

TYPE OF BUSINESS: Pizza & Subs

LOCATION: Saugus - Lynn Main St.

SELLING PRICE: $295,000 DOWN PAYMENT: $100,000

SALES VOLUME: $15,000/week 0 % Delivery:

LEASE: New 15 Year (5+5+5)
YEARS LEFT:

SQUARE FOOTAGE: 2,300 square feet.

HOURS OF OPERATION: 7 Days 10 am to 9 pm

SEATING: (inside) 36 (outside) 0

REASON FOR SELLING: Retiring

COMMENTS: Exceptional opportunity to own a long lasting piece of a neighborhood, in the same location for nearly Fifty years, on a numbered route. The owner says it’s time to retire from this gem. Very reasonable rent at $3500/mo. And only have to pay 30% of the water bill. Very well set up cooking area and as clean as can be, it sparkles. Does no delivery or online ordering, just add it and the sky is the limit in this densely populated area
DON’T WAIT!! WILL NOT LAST!
Contact John Ruggieri

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Property Features and Assets:

North Shore,. Densley populated nieghborhood surrounded by much industry and retail space.Very well maintained equipment and work area .

Market Competition and Expansion:

Some but not in the immeidate area

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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