Seller's Contact Information

  • RE:  NEWBURYPORT Area-Roast Beef, Pizza & Seafood
  • Contact:  John Ruggieri
Owner Financing is Available!
$150,000 Down with balance at 6% for 5 years.

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

Email or Print Listing

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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