Milton--Turnkey Pizzeria/Restaurant-Bar w/ Patio

Canton, MA
Norfolk County

Right off rts 95 & 24-


Asking Price: Annual Revenue:
$400,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Milton--Turnkey Pizzeria/Restaurant-Bar w/ Patio Broker: Bob Cioffi
Owner Financing is Available!
For qualified buyer.

Quick Facts

Asking Price: $400,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2020
Employees: 16
BBN Listing #: 958119596
Broker Reference #: BC49

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Business Overview:

TYPE OF BUSINESS: Prime-Turnkey-New Pizzeria/Restaurant with Bar & Patio
LOCATION: Greater Milton-Canton area
SELLING PRICE: $400,000 with $150,000 down / Owner financing available.
SALES VOLUME: $17,000 to $20,000 per week/ now 6 days Delivery-Pick up 50%
LEASE: $8,140 month/ NNN included……..Years LEFT…3.5 plus 2-5 year. Options
SQUARE FOOTAGE: 3,000 square feet, with gorgeous patio.
HOURS OF OPERATION: 11am-8pm. (Lunch just started 9-1). -6 days, Cl Monday.
SEATING: Bar seats 20/dining room 48/ patio 46

COMMENTS: Prime location/owner spent over $800,000 last fall/Great layout, built for volume. Fully equipped. Owner applied forward thinking in his design & efficiency.

Immaculate-absolute turnkey. Opened last Nov. w/big expenses & heavy staff. Systems in place & opening staff cut too normal. Needs a hands-on chef-owner operator who wants to make it in this Prime location.Kitchen set up to do any concept. Heavy traffic, Main state road, Lots of industry, apartments, condos. plenty of parking. Push Sundays (football, catering) open Mondays. Possible new hotel being approved next door. Its all here, brand new, great base & huge upside. Must see it to get excited. Accepting offers, owner is very motivated. Contact Bob. This will not last for sure.

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Property Features and Assets:

Immaculate, brand new $800,000 buildout with 20 seat bar and gorgeous outside patio to compliment 48 seat restaurant. Prime location/ excellent visibility, plenty of parking.

Market Competition and Expansion:

There is nothing like this pizzeria in the entire area.

Reason for Selling:

Owner has other pressing interests.

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:

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