WEST GROTON, Massachusetts
| Asking Price |
$225,000 |
Year Established |
16 |
|
| Annual Revenue |
$700,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
John F |
|
| Annual Cash Flow |
$100,000 |
Listing Number |
996681 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
SELLING PRICE: $225K DOWN PAYMENT: $100K
SALES VOLUME: solid $12k/wk Percentage Delivery: 70%
LEASE: $3k/mo gross Years left: new lease + 5 yr. Option to buy the REAL ESTATE
SQUARE FOOTAGE: 1,500 sf.
HOURS OF OPERATION: 11 AM to 9 PM, (closed MONDAYS)
REASON FOR SELLING: Retiring ‘with a pocket full of cash’!
COMMENTS: Rare opportunity to own a highly profitable PIZZA business and THE REAL ESTATE! No waitresses…strictly~ call your order in and either pick it up or we’ll deliver!!! Voted the BEST PIZZA in town. Store was totally rebuilt with all new equipment 5 yrs. ago. Add ROAST BEEF and/or FRIED CHICKEN for more business.
Seller will give you an Option To Buy the Real Estate for up to 5 yrs…at FAIR MARKET VALUE. Seller does NO MARKETING and hasn’t changed prices in years.
Property Features and Assets:
<p>Right in the center of town in a Norman Rockwell type of town. Very well-maintained facility with all new equipment over the last five years. outdoor seating and adjacent to the commuter rail. Also serves Ice Cream and to soon be adding outside pick up window</p>
Market Competition and Expansion:
<p>Some in the area but consistently voted the best Pizza and Subs in town year after year.</p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity