Medfield*Turnkey Upscale New York Style Pizzeria.

Medfield, MA
Norfolk County

Downtown Location


Asking Price: Annual Revenue:
$199,000 $440,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Medfield*Turnkey Upscale New York Style Pizzeria. Broker: Bob Cioffi
Owner Financing is Available!
Yes for qualified buyer

Quick Facts

Asking Price: $199,000
Annual Revenue: $440,000
Net Profit: Not Disclosed
Cash Flow: $118,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: 8
BBN Listing #: 757519596
Broker Reference #: BC60

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Business Overview:

LOOK-GORGEOUS TURNKEY KEY- NEW YORK STYLE PIZZERIA

TYPE OF BUSINESS: UPSCALE PIZZERIA-GOURMET SANDWICHES.

LOCATION: Greater Medfield Area/Affluent surrounding towns.
SELLING PRICE: $199,000……. Down Payment: Only $100,000/ Owner financing.
SALES VOLUME: $8,000 TO 10,000 per week. Delivery 20% (door dash)
LEASE: $ 3,500 month (NNN included) Yrs. Left 5+ 5 yr. option.
SQUARE FOOTAGE: 1,500 square feet. Full dry cellar.
HOURS OF OPERATION: 5 days.11am -8pm (closed Sunday & Monday)
SEATING: (inside 20 seats) (Patio 15 seats)
REASON FOR SELLING: Owner has other pressing interests.

COMMENTS: Scratch Italian kitchen w/ Brick oven.
This Pizzeria is simply gorgeous, does not need a thing, excellent condition. Has sauté style kitchen to compliment the elaborate Pizza set up station , can cook or serve anything. Well known for their superior food; a chef/ owner or family is perfect here. Easy to run with 3 or 4 employees, has full cellar and nice patio. Attractive free-standing building with on street parking. Must be seen, nothing like it around. Open Sundays and Mondays, to increase sales. Has full underutilized Liquor license (about 5% of sales) can keep or do without if one chooses.

Advertise, go after huge catering business, open more hours-so easy to increase sales. Contact Bob. Honestly, this will not last, It’s a beauty!

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Property Features and Assets:

Free standing, Gorgeous furnishings and equipment. Does not need a thing. Absolute Turnkey.

Market Competition and Expansion:

Noting like this city style upscale Pizzeria and gourmet sandwich shop. Plenty of room to expand your brand in this affulenta area.

Reason for Selling:

Owner has other pressing interests.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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