Woburn: North-End/Amalfi Coast-Style Restaurant

Woburn, MA
Middlesex County

Woburn - Center of Town

Asking Price: Annual Revenue:
$145,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Woburn: North-End/Amalfi Coast-Style Restaurant Broker: Betsy Masucci
Owner Financing is Available!
Financing $90,000 for 3 years at 6%

Quick Facts

Asking Price: $145,000
Annual Revenue: Not Disclosed
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 #: 878119596
Broker Reference #: EM 1972

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Business Overview:

SELLING PRICE: $145,000 DOWN PAYMENT: $90,000. OR $130,000. ALL CASH

SALES VOLUME: Presently: $8K - $10K. .........pre-Covid : $10,000 - $12,000.

LEASE:$3,000. month (includes NNN)
Years LEFT: 2 + 5 years.

SQUARE FOOTAGE: Approximately 2,000 square feet + full dry basement.

HOURS OF OPERATION: Closed Monday; 5 pm - 8:30 pm. Very short hours.

SEATING: (inside 50 seats) (outside 5 seats)

REASON FOR SELLING: Family partnership problems. Seller is a professional baker and has recently added homemade pastries to the menu.

COMMENTS: Parking lot across the street. Strong, loyal clientele from all surrounding towns for their exquisite Italian food. Owners have engaging personality. Customers have asked the question, "Why go through the effort of going into Boston when you can have the same quality of food, at a lesser price and with the ease of access and parking. Try this EXCELLENT restaurant.

The owner is a professional pastry chef and has added these delicious desserts to the menu.

Contact Betsy. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Wood- fired oven is a popular fixture of this Italian restaurant. Plenty of parking across the street.

Market Competition and Expansion:

Unique items on the menu, such as Sausage & Rabe Fritters, etc. bring customers back, as well as the welcoming atmosphere of the restaurant created by the friendly personalities of the owner and staff. Owner is a professional pastry chef and has added delicious pastries to the menu.

Reason for Selling:

Other Endeavors.

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.

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