CHELMSFORD, Massachusetts
| Asking Price |
$175,000 |
Year Established |
1995 |
|
| Annual Revenue |
$650,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$0 |
Attention |
John F |
|
| Annual Cash Flow |
$100,000 |
Listing Number |
997716 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
TYPE OF BUSINESS: ITALIAN TRATTORIA
LOCATION: CHELMSFORD/WESTFORD
SELLING PRICE: $175,000 DOWN PAYMENT: $35,000
SALES VOLUME: $10-12K/WK None% Delivery
LEASE: $3,000 + NNN ($650) Years left: 3 + 5 yrs
SQUARE FOOTAGE: 1600sf
HOURS OF OPERATION 11-8:30 Tu- SA
SEATING: 36 inside
REASON FOR SELLING: Retiring
COMMENTS: Italian style Restaurant that could become any concept you may have, but very suited for a Roast Beef shop, Fried Chicken sandwich shop as well as a Korean BBQ menu or good old fashion Chinese take-out or sit-down. In a very well-maintained Strip Mall very close to the center of town as well many offices and residential neighborhoods. Very reasonable rent. It has been operating for 30 years, and it is time for a change to give it aa new feel. It was renovated seven years ago and still looks great.
Property Features and Assets:
<p>End cap of a very visible Strip Mall on the edge of town center. Total facility updated seven years ago and can become any type of food service operation. Huge parking lot.</p>
Market Competition and Expansion:
<p>Needs a change of style and would be a great Chicken sandwich, Roast Beef, Chinese or specialty sub shop concept.</p>
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