UNDER AGREEMENT Pizza Rest. w/ LQ Lic.

Worcester, MA
Worcester County


Asking Price: Annual Revenue:
$129,000 $572,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: UNDER AGREEMENT Pizza Rest. w/ LQ Lic. Broker: Karen
Owner Financing is Available!
Seller will possibly finance up to 50% of purchase price for a well-qualified buyer.

Quick Facts

Asking Price: $129,000
Annual Revenue: $572,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 8
BBN Listing #: 89812849
Broker Reference #: 15611

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Business Overview:

Must See

- Well established, independently owned, quick service restaurant on a heavily traveled
well populated main road in Worcester.
- Gross Lease (No Triple Net) with 15 Year Option
- Over $400k invested in build-out / kitchen equipment
- 50% Pick-Up
- 30% Delivery
- 20% Dine In

Current Revenue $11,000 Per Week & Growing

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Property Features and Assets:

2,200 square feet / full cellar. Parking, excellent build-out and well equipped kitchen.

Market Competition and Expansion:

Commercial location with 30,000 car traffic count. Strong professional commercial area also close to densely populated neighborhood. Sales have grown each of the last several years. Sales are currently averaging $11,000 per week. Over $400,000 invested in furniture, fixtures, and equipment.

Reason for Selling:

Downsizing

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.

Documents:

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