Seller's Contact Information
- RE: NEWBURYPORT Area-Roast Beef, Pizza & Seafood
- Contact: John Ruggieri
Quick Facts
| Asking Price: | $475,000 | |
| Annual Revenue: | $1,350,000 | |
| Net Profit: | $200,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 185219596 | |
| Broker Reference #: | JR145 |
Business Overview:
TYPE OF BUSINESS: Roast Beef, Pizza, and Seafood
NORTH SHORE AREA- AFFLUENT North Shore (Seaside Community)
SELLING PRICE: $475,000 DOWN PAYMENT: $150,000
SALES VOLUME: $22,000 – $26,000 /Week % Delivery: 30%
LEASE: $3,750.00 Years LEFT: New Lease
SQUARE FOOTAGE: 2,000 square feet
HOURS OF OPERATION: Monday – Saturday 11am -9pm Closed Sunday
SEATING: (inside) 24 (outside) 48
REASON FOR SELLING: Retiring
COMMENTS: Location, Location, Location! A beautifully built-out operation within seconds of a major interstate highway, on a very heavily traveled numbered route. Surrounded by various types of retail space as well as residential neighborhoods.
Facility is in great shape in and out with excellently maintained equipment and building. Plenty of visibility and parking. New long term lease to be written and the owner will be the landlord. Maintains a steady intake of $22,000/week in the winter months and blossoms to high twenties in the summer months Hurry won’t last. NDA required.
Contact John Ruggieri. Please use reply to this ad button to contact us.
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Property Features and Assets:
Seconds off major interstate and on a heavily travelled numbered route on the way to the beach. The equipment and building are in excellent condition.
Market Competition and Expansion:
Very little competition in the immediate area.
Reason for Selling:
Retiring
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
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