MARBLEHEAD-Roast Beef,Seafood, PIZZA

Marblehead, MA
Essex County

North Shore


Asking Price: Annual Revenue:
$249,000 $750,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: MARBLEHEAD-Roast Beef,Seafood, PIZZA Broker: John Ruggieri
Owner Financing is Available!
150k down 99k Financed over 5 years

Quick Facts

Asking Price: $249,000
Annual Revenue: $750,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 39319596
Broker Reference #: JR123

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Business Overview:

SELLING PRICE: $249K DOWN PAYMENT: $100K (Owner Financing available on balance)

SALES VOLUME: Strong $17K/wk NO Delivery

LEASE: $3K/mo (includes NNN)

SQUARE FOOTAGE: 1,200 sf.

HOURS OF OPERATION: 11 am – 9 pm Closed Sundays

NO SEATING –pick – up only.

REASON FOR SELLING: Absentee owner has other pressing business requirements.

COMMENTS: Located in a busy plaza with loads of parking. Simple, very efficiently set-up that easy to run. This does a tremendous amount of repeat business with the locals and tradesmen.
VERY PROFITABLE. Add delivery if you can handle more volume.
See it, make an Offer…you might be surprised.
Call John at 781-858-2343 or jkruggie@comcast.net

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Property Features and Assets:

Very well maitained facility in a very busy Strip Mall in the downtown area

Market Competition and Expansion:

Add delivery and a counter at windows...90% pick-up

Reason for Selling:

Other interests need more attention

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.

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