Newburyport Italian Rest, Bar,Pizza,Pasta shop

Newburyport, MA
Essex County

Asking Price: Annual Revenue:
$1,800 $3,000,000

Food & Beverage: Catering, Food Preparation

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RE: Newburyport Italian Rest, Bar,Pizza,Pasta shop Broker: John Ruggieri
Owner Financing is Available!

Quick Facts

Asking Price: $1,800
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $600
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: Not Disclosed
BBN Listing #: 276619596
Broker Reference #: JR100

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Business Overview:

Prior to Covid, sales were over $3m with a NET PROFIT of over $900,000. 2020 were approximately $2.8M with net profit of over 600,000. By all measurements this business is easily worth $1.8M($1.5M with SBA financing)

The Real Estate ia available... last years assessment was $770,000.
This is a great opportunity to own not only an Italian Restaurant with full liquor but also an Italian Market making and selling its own Pasta and prepared foods as well as deli meats and condiments. The location is in a vibrant retail location as well as a huge residential neighborhood. Tremendous repeat customer base.

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:

Well maintained free standing building with plenty of parking.

Market Competition and Expansion:


Reason for Selling:

Retiring to Italy.

Additional Details:

  • The property is owned.
  • 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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