Northboro Area-Turnkey Pizzeria, Updated! Wow!
Northborough, MA Worcester County
Metro west-Hot Town!
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- RE: Northboro Area-Turnkey Pizzeria, Updated! Wow!
- Contact: Bob Cioffi
Quick Facts
| Asking Price: | $190,000 | |
| Annual Revenue: | $600,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2009 | |
| Employees: | 9 | |
| BBN Listing #: | 1015720 | |
| Broker Reference #: | BC75 |
Business Overview:
LOCATION: Greater Northboro area……………….(Less for cash offer)
TYPE OF BUSINESS: Absolute Turnkey Pizzeria-Roast Beef- Salads.
SELLING PRICE $190,000 Down payment $125,000 (seller financing available)
SALES VOLUME: 11K- wk. DELIVERY 35%
LEASE: $3,450 plus (NNN.) Yrs. Left 10 plus/ 2- 5yr options.
SQUARE FOOTAGE: 2,200 sf.
HOURS OF OPERATION: 7-days: 11am-8pm (9pm Fridays)
SEATING: 25 inside
ESTIMATED PROFIT: 100,000yr.
REASON FOR SELLING: owner is overwhelmed with other businesses
COMMENTS: Recently sold in July. This turnkey pizzeria is known for exceptional made-from-scratch roast beef sandwiches, salads, and customer favorites. It is in an excellent location on a heavily traveled state-numbered road, with a large nearby population and workforce. Hundreds of new apartments and condos are still under construction throughout the area, making this a hot town and location with tremendous upside. Growth opportunities include expanding catering, delivery, and outreach. The seller is willing to discuss an all-cash sale. New HVAC, ice machine, and POS system. The owner has invested $50,000 in the last 30 days.
Contact the Seller:
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Property Features and Assets:
Propertly located on Busy state road, plently of parking. Recently added New HVAC, POS and ice machine. Owner just spent 50K to upgrade, Absolute turnkey, all recently inspected, good to go.
Market Competition and Expansion:
Town population swells in the day, many businesses and opportunity is abound. Plenty of business for a good hands on operator , just go out and use social media and the towns web site to substantially increase sakes and profibility.
Reason for Selling:
other restaurants to tend to. Overwhelmed. Kindly ask the seller for more information.
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:
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