Wilmington - N. Reading Pizza and Sub Shop

Wilmington, MA
Middlesex County

North eastern MA


Asking Price: Annual Revenue:
$160,000 $375,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Wilmington - N. Reading Pizza and Sub Shop Broker: John Ruggieri

Quick Facts

Asking Price: $160,000
Annual Revenue: $375,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 3
BBN Listing #: 875219596
Broker Reference #: jr134

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Business Overview:

TYPE OF BUSINESS: Pizza, Roast Beef & Subs

LOCATION: Wilmington – N. Reading

SELLING PRICE: $160,000 DOWN PAYMENT: $60,000

SALES VOLUME: $7,000/week. (in 5 days) closed saturday & Sunday % Delivery: none

LEASE: $3,500 month (NNN included) Years LEFT: 4 years with 5 year option

SQUARE FOOTAGE: 1,500 square feet.

HOURS OF OPERATION: 11am -7pm Monday - Friday (OR change it up and open 6am-3pm)

SEATING: (inside) 28 (outside) 0

REASON FOR SELLING: Retiring

COMMENTS: Want a great looking, well laid out operation, this is it. Very modest rent at $3,500/month (all Inc.), in the middle of a huge office park and many homes. Right off of a major interstate, Four years left on the original lease with a five year option. The current owner only wants to work minimal hours, but by changing the hours and offerings the sky is the limit. Change the hours to 6am to 3pm and add coffee, muffins, danish and breakfast sandwiches. Add delivery and open Sat. and Sunday and the dollars will just flow in. Can’t be duplicated, for the asking price, of $160,000 and only $60,000 down.
Don’t wait, won’t last long at this price.
Contact John Ruggieri.
TYPE OF BUSINESS: Pizza, Roast Beef & Subs

LOCATION: Wilmington – N. Reading

SELLING PRICE: $160,000 DOWN PAYMENT: $60,000

SALES VOLUME: $7,000/week (in 5 days) closed saturday & Sundau. % Delivery: none

LEASE: $3,500 month. (NNN included) Years LEFT: 4 years with 5 year option

SQUARE FOOTAGE: 1,500 square feet.

HOURS OF OPERATION: 11am -7pm M- F (OR change it up and open 6am-3pm)

SEATING: (inside) 28 (outside) 0

REASON FOR SELLING: Retiring

COMMENTS: Want a great looking, well laid out operation, this is it. Very modest rent at $3,500/month (all Inc.), in the middle of a huge office park and many homes. Right off of a major interstate, Four years left on the original lease with a five year option. The current owner only wants to work minimal hours, but by changing the hours and offerings the sky is the limit. and the dollars will just flow in. Can’t be duplicated, for the asking price, of $160,000 and only $60,000 down. Change the hours to 6am to 3pm and add coffee, muffins, danish and breakfast sandwiches. Add delivery and open Saturday and Sunday a
Don’t wait, won’t last long at this price.
Contact John Ruggieri.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Very well cared for facility.

Market Competition and Expansion:

Change the hours to 6am to 3pm and add coffee, muffins, danish and breakfast sandwiches. Add delivery and open Sat. and Sunday.

Reason for Selling:

Retiring

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.

Relevant Links:

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