Print Listing - Billerica/Burlington Great Rst. Beef & Seafood

BILLERICA, Massachusetts

Asking Price	$425,000	Year Established
Annual Revenue	$850,000	Reason for Selling
Annual P/L	$0	Attention	John Francis
Annual Cash Flow	$150,000	Listing Number	1020162
# of Employees		Business Category	Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

LOCATION: BILLERICA-TEWKSBURY area- ROAST BEEF & SEAFOOD

SELLING PRICE: $425K DOWN PAYMENT: $150K

SALES VOLUME: $16K -$18K/wk.

LEASE: $6K/mo. (includes NNN) …approximately 7% of sales

SQUARE FOOTAGE: 2,000 sf.

SEATING: 20 seats

HOURS OF OPERATION: 7days, 11 AM to 8 PM

REASON FOR SELLING: Retiring after 30 yrs. of operating daily.

VERIFIABLE ANNUAL NET INCOME: $150,000 per year

COMMENTS: Sellers recently spent $200,000 renovating the store. No competition for 3 or 4 miles. Strip center location with only 2 stores and plenty of off-street parking…thousands of cars drive by every day. NO deferred maintenance.

LOCATION: BILLERICA-TEWKSBURY area- ROAST BEEF & SEAFOOD

SELLING PRICE: $425K DOWN PAYMENT: $150K

SALES VOLUME: $16K -$18K/wk

LEASE: $6K/mo. (includes NNN)…approximately 7% of sales

SQUARE FOOTAGE: 2,000 sf.

SEATING: 20 seats

HOURS OF OPERATION: 7days, 11 AM to 8 PM

REASON FOR SELLING: Retiring after 30 yrs. of operating daily.

VERIFIABLE ANNUAL NET INCOME: $150,000 per year

Your cash investment returned in one year.

Property Features and Assets:

Property is located on a very heavily travelled numbered route. Surrounded by plenty of Industry and housing. Clase to two major Highways.

Market Competition and Expansion:

More social media would increase sales.

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