Former Peabody Landmark Mr.G’s Pizza & Subs

Peabody, MA
Essex County

Asking Price: Annual Revenue:
$150,000 $980,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Former Peabody Landmark Mr.G’s Pizza & Subs Broker: Todd Smith

Quick Facts

Asking Price: $150,000
Annual Revenue: $980,000
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 #: 648324983
Broker Reference #: Not Disclosed

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Business Overview:

Excellent opportunity to step right into this former Landmark. Mr. G’s was an institution in Peabody for well over 40 years with sales at $20,000 plus per week. The business was bought by investors in 2020. The group remodeled and changed the name and the concept. The business is now closed. The Mr. G’s name is property of the group and is in included in the sale. This is a turn-key opportunity! Excellent location in a desirable, high-traffic area loaded with a great mix of business residential and offices. The shop was an institution and built its reputation and success on its amazing hand tossed pizza, high-quality menu items, and excellent service. Amazing opportunity for a seasoned operator, or an easy way to expand your brand! All reasonable offers entertained! Come see this excellent opportunity today!

PARKING: Private parking lot
EQUIPMENT: The equipment is in good condition and has been well maintained.
LEASE TERM: Two Years with Options
BASE RENT: $1,700 per month includes the triple nets
CONCEPT: Pizza Sub Shop
SEATING: 16 seats
SIZE: 1,000 square feet
LICENSES: Common Vic, Building, Health
SALES: $980,000 Historical Sales
ASKING PRICE: $150,000 (For the Assets)

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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.

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