Seller's Contact Information
- RE: Wilmington - N. Reading Pizza And Sub Shop
- Contact: John Ruggieri
Quick Facts
Asking Price: | $140,000 | |
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 |
Business Overview:
TYPE OF BUSINESS: Pizza, Roast Beef & Subs
LOCATION: Wilmington – N. Reading
SELLING PRICE: $140K DOWN PAYMENT: $50K
SALES VOLUME: $7k/wk. (in 5 days) closed sat. & Sun.% Delivery: none
LEASE: $3500mo. (NNN included) YRS. LEFT: 4 yrs. w/ 5yr option
SQUARE FOOTAGE: 1500 sf.
HOURS OF OPERATION: 11am -7pm M- F
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 $3500/mo. (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. Add delivery and open Sat. and Sunday and the dollars will just flow in. Can’t be duplicated, for the asking price, of $140K and only $50K down.
Don’t wait, won’t last long at this price. !!!
Contact John Ruggieri at 781-858-2343 or jkruggie@comcast.net
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Property Features and Assets:
Very well cared for facility.
Market Competition and Expansion:
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 homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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