Middleton Roast Beef & Pizza PRICE REDUCTION

Middleton, MA
Essex County

Middleton-North Andover Area


Asking Price: Annual Revenue:
$95,000 $408,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Middleton Roast Beef & Pizza PRICE REDUCTION Broker: Betsy Masucci
Owner Financing is Available!
Down payment: $80,000. cash

Quick Facts

Asking Price: $95,000
Annual Revenue: $408,000
Net Profit: Not Disclosed
Cash Flow: $85,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 457319596
Broker Reference #: ID EM7777

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Business Overview:

TYPE OF BUSINESS: ROAST BEEF, PIZZA, & SANDWICH SHOP - TRADITIONAL ITALIAN
OPPORTUNITY TO BE THE FIRST IN THE AREA TO OFFER HOT DOGS AND FRENCH FRIES, FRIED CHICKEN, AND MORE!!!

LOCATION: MIDDLETON_NORTH ANDOVER Area

SELLING PRICE: $110,000. DOWN PAYMENT: $80,000.

SALES VOLUME: $8,000 - $9,000/week % DELIVERY: 20%

LEASE: $2,200/month. Years LEFT: 13 months + 5 years + 5

SQUARE FOOTAGE: 2,000 square feet....free standing building.

HOURS OF OPERATION: Monday - Tuesday 11AM - 8 PM; Wednesday - Saturday 11 AM- 9 PM; CLOSED SUNDAY

SEATING: Inside 19 seats Outside 18 seats (Seasonal)


COMMENTS: This is your chance to own a highly successful pizza, roast beef, & sandwich restaurant. The amazing roast beef is the star of the menu. POSSIBLE ADDITIONS COULD BE HOT DOGS AND FRENCH FRIES OR FRIED CHICKEN... Hi volume traffic passing by all day long. Plenty of parking. Loyal customer base. Potential to increase sales volume with new large industrial park under construction nearby. Excellent opportunity for a seasoned operator to take over this prosperous business. Come and see for yourself. Also, a great location for another concept of your choice!!! Contact Betsy 617-840-5606 or email betsy817@verizon.net

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Property Features and Assets:

Located on A.M. side of busy route. Construction of office buildings nearby may increase business. Plenty of parking and room to put tables outside in warm weather.

Market Competition and Expansion:

Competition is minimal due to creative menu as well as Italian style pizza...known for "amazing" roast beef. Adding breakfast in an under-served market could increase profits. Potential for different concept as well, such as HOT DOGS AND FRENCH FRIES AND/OR FRIED CHICKEN. The possibilities are endless.

Reason for Selling:

Retiring

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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