Mel-Wak Well known Italian/Pizza Asset Sale $175k

Melrose, MA
Middlesex County

Busy, main st., in town location


Asking Price: Annual Revenue:
$175,000 $650,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Mel-Wak Well known Italian/Pizza Asset Sale $175k Broker: Seller of Business

Quick Facts

Asking Price: $175,000
Annual Revenue: $650,000
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 #: 368919596
Broker Reference #: MF

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Business Overview:

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TYPE OF BUSINESS: Homemade Italian-Pizzeria/Pasta/Catering Asset Sale

LOCATION: Very Busy North Shore Town with Public Parking Lots

SELLING PRICE: $175,000 Prefers Cash
DOWN PAYMENT: possibly negotiable

SALES VOLUME: ($12,000 - $14,000 a week 85% of sales-Huge takeout business) Asset Sale

LEASE: Approximately $3,300 per Month & NNN Approximately $1,250 Years LEFT: 2 Negotiate a new lease.

SQUARE FOOTAGE: 1,200+ square feet - spacious and efficient kitchen line plus roomy storage and walk-in downstairs.

HOURS OF OPERATION: 11:30-9 p.m. 7 days a week

SEATING: 20 seats (legally up to 50 seats)

COMMENTS: Fantastic location in a busy town and plenty of parking lots throughout the town. Business has had a strong track record for 7 years and is still thriving. A name change shouldn’t affect strong customer base with continued Italian concept, good food and solid marketing. Strong staff. Owners have several locations and are now consolidating and focusing on stores closer to where they live.


Call, text or email Marie for a tour. NDA required.
Marie Feudo

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Property Features and Assets:

Great buildout, handicap ramp, visible, parking, just add your name and menu , advertise and open the doors.

Reason for Selling:

Consolidation.

Additional Details:

  • The property is leased.
  • The owner is not 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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