Dennis Serpone

TYPE OF BUSINESS: ITALIAN TRATTORIALOCATION: Merrimack ValleySELLING PRICE: $195,000 DOWN PAYMENT: $100,000SALES VOLUME: $10-12K/WK None% DeliveryLEASE: $3,000 + NNN ($650) Years left: 3 + 5 yrs SQUARE FOOTAGE: 1600sf HOURS OF OPERATION 11-8:30 Tu- SASEATING: 36 inside REASON FOR SELLING: RetiringCOMMENTS: 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. ... Less

SELLING PRICE: $200K DOWN PAYMENT: only $100KSALES VOLUME: $10K/wk Percentage Delivery: 50%LEASE: $7,400/mo (includes NNN) …cheap for this college area / thousands of apts. SQUARE FOOTAGE: 500 sf.; 3 flrs…beautiful kitchen in basementHOURS OF OPERATION: 11 AM to 10PM, 7 days SEATING: 12 seats 99% is p/u and deliveryREASON FOR SELLING: ABSENTEE OWNER has 3 other VERY successful pizza operations in downtown Boston.COMMENTS: Built ONE YEAR ago…everything is brand new and top-of-the-line equipment. Simple, unique concept ready to franchise. Seller has not done any marketing.FRESH PASTA, SANDWICHES, SALADS. Extensive food experience is not required…NO COMPETITION! ... Less

SELLING PRICE: reasonable $800k… SBA financing in place if you have $100K down and experience. SALES VOLUME: $40,000/wk. Percentage Delivery: approx. 50%LEASE: $3,000 per month (includes NNN) Years left: 10 yrs.SQUARE FOOTAGE: 3.000 sf.HOURS OF OPERATION: 11 AM to 9 PM SEATING: 60 inside 20 outside patioVerifiable annual net profit: $400,000 + per yearCOMMENTS: This opportunity is for a seasoned operator who wants to move up to an enviable location. Great visibility, awesome reputation for the BEST PIZZA in town, and a highly trained staff. Plenty of space for storage & prepping. (10 years from now you’ll sell this for $800,000 and get your money back…meanwhile in 10 yrs. you would have made OVER $4 MILLION and your cost is ... Less

SALES VOLUME: solid $12k/wk Pick-up & Delivery: 100%LEASE: $3k/mo gross Years left: new lease + 5 yr. Option to buy the REAL ESTATESQUARE FOOTAGE SELLING PRICE: $225K DOWN PAYMENT: $100K: 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. ... Less

BREAKFAST, PIZZA, SUBS, CATERING, & DELILOCATION: East Boston / RevereSELLING PRICE: $225,000 DOWN PAYMENT: only $50,000SALES VOLUME: $10-$12k /wk. 20 % DeliveryLEASE: $4400/ mo (includes NNN) Years left: 5SQUARE FOOTAGE: 1,700sf w/clean dry basement for storageHOURS OF OPERATION: 6 days: M-S 9 am-5 pmSEATING: 25 insideREASON FOR SELLING: RetiringCOMMENTS: Looking for a great location for your Italian Bistro, Mexican Cantina, QSR Taqueria or any other concept, this is it! Right in the middle of a vibrant urban setting. Plenty of street parking and right on a major T station. Almost everything is brand new. Liquor license is waiting to be issued ... Less

SELLING PRICE: $295K DOWN PAYMENT: $150KSALES VOLUME: $12K - $14K/wk. Percentage Delivery: 20%LEASE: only $2,000/mo. (includes NNN) Years left: 5 yrs+ (Great landlord)SQUARE FOOTAGE: 2,000 sf.HOURS OF OPERATION: 11 AM to 8 PM, (closed Mondays) SEATING: 30 inside 30 outsideREASON FOR SELLING: RetiringVerifiable annual net profit: $120, 000 on the booksCOMMENTS: This is one of the best business opportunities to become available. Pristine dining areas, top quality furniture, fixtures, and equipment. Large walk-in refrigerator and separate walk-in freezer. The coffee shop NEEDS a breakfast cook. A couple of seasoned operators can easily triple the business.Investor money is available for this beauty if you’re a bit short on cash. ... Less

TYPE OF BUSINESS: PIZZA, SUBS & PASTALOCATION: NORTH SHORE AFFLUENT SEASIDE COMMUNITYSELLING PRICE: $699,000 SBA Loan AvailableSALES VOLUME: $30K /wk. 80% delivery/pick up LEASE: $4,550/mo. (includes NNN) Years left: 10 YearsSQUARE FOOTAGE: 1,600 sfHOURS OF OPERATION: 11 am -9 pm, 7 days (awesome staff is staying)SEATING: 14 seatsREASON FOR SELLING: Retiring with a lot of money in the bank!!COMMENTS: Imagine making $300k plus every year Very successful operation with 80% pick-up and delivery, but no Door dash, Uber Eats etc. In operation for more than 30 years with a very reasonable rent which includes the use of a very large parking lot that is included in the rent. The owner currently only works 30 hours a week just to have something to do. All equipment is in very good working order, including the highly desirable rotating Reed ... Less

LOCATION: Greater Metro WestTYPE OF BUSINESS: Turnkey Pizzeria-Roast Beef- Salads. SELLING PRICE:300,000 Down payment $150K (seller financing available)SALES VOLUME: 11K- wk. DELIVERY 35%LEASE: $3,275 (NNN inc.) Years left: New lease availableSQUARE FOOTAGE: 2,400 sf.HOURS OF OPERATION: 7-days: 11am-8pm (9pm Fridays)SEATING: 25 inside Estimated Annual Net Profit: 150,000REASON FOR SELLING: Seller has personal reasons.COMMENTS: Well, Know, Turnkey Pizzeria that is known for their exceptional Roast Beef sandwiches from scratch, salads and all your favorites. Excellent location, extremely busy state numbered road. Huge population, & workforce. Construction of hundreds of new apartments & Condos still going up. This is a Hot town and location. Tremendous upside. Increase ... Less

SELLING PRICE: $225,000 DOWN PAYMENT: only $100KSALES VOLUME: $11K - $13K/wkLEASE: $3,275/mo. Years left: new lease availableSQUARE FOOTAGE: 1,500 sf.HOURS OF OPERATION: 7 am -2 pm, 7 days.SEATING: 50 plus 10 at a breakfast barREASON FOR SELLING: retiringVerifiable annual net profit: approx. $100,000/yr.COMMENTS: This area needs a WAFFLE HOUSE. The day-part of breakfast overlapping into lunch is the most profitable segment of the food & beverage industry. Waffle House restaurants are huge throughout the South…next to none up here. What’s cheaper than flour & water? This is your chance to build a brand that’s easy to run yet wildly popular…and profitable. Your cash investment is back in your first year.Take the time to see this rare opportunity. ... Less

EXCEPTIONALLY RARE OPPORTUNITY TO BUY A MAJOR FUNCTION FACILITY, WITH A RESTAURANT & LOUNGE …AND THE REAL ESTATE LOCATION: North Shore…long highway frontage…4 acres with town sewerageASKING PRICE: $3.5M for the business w/net income over $2 MILLION/yr. The real estate was recently appraised for $4.5M. SBA and some seller financing is available for a seasoned operator who is creditworthy. SALES VOLUME IS CONSISTENTLY WELL OVER $3 MILLION PER YEAR Net Profit is approximately $1.5M/yr. (seller pays himself $500,000/yr. for rent!) Buy the entire package for approximately $8M business and the real estate.BUY JUST THE BUSINESS FOR $3.5M just for the business netting $1.5M a year and the real estate later.SQUARE FOOTAGE of the Bldg.: 18,000 sf. on over 4 acres of land with over 300 parking spaces. The 18,000-sf. bldg. is totally ... Less

SELLING PRICE: $225K SALES VOLUME: Strong $11K per wk..............60% DeliveryLEASE: $2,675/mo. includes NNN (only 5% of sales)Years left: 2.25 years + 5 years option to renewSQUARE FOOTAGE: 1,170HOURS OF OPERATION:6 days…Wednesday-Monday 11am-MidnightSEATING:10COMMENTS: Davis Sq. is a major food & beverage mecca…the area draws from EVERYWHERE.This is a clean, simple operation with a strong repeat customer base.The place lacks ‘personality’. Your investment will be back in your pocket within a couple of years. Check out the facility, go over the books…this is a rare opportunity to be part of the DAVIS SQUARE mystique. ... Less

SELLING PRICE: Asking $100K DOWN PAYMENT: only $50K cash req’d.SALES VOLUME: Store did $9300.00 this week, $8400.00 last week.Owner has been absentee until 2 weeks ago. Numbers were $7K when owner was not present.Appraised value of a Food & Beverage business is a snapshot of what the business is doing NOW, not what it did last year ,or the year before. Sales that are generated NOW, and can be physically verified NOW, constitutes current appraised value. LEASE: $4,100/mo. (includes NNN) Years left: 2 + 5+5SQUARE FOOTAGE: approx. 1,200 sf.HOURS OF OPERATION: 7 days. 9 am -9 pmSEATING: 20 seatsVerifiable annual net profit: $50,000 -$80,000/yr.COMMENTS: Where can you buy a franchise with only $50,000 cash required? This store was newly renovated…beautiful equipment…Brand New Top To Bottom simple and easy. If you own ... Less

TYPE OF BUSINESS: Mexican Family Style Restaurant LOCATION: Salisbury/AmesburySELLING PRICE: $125,000 DOWN PAYMENT: $50,000SALES VOLUME: $28K/wk. % Delivery: noLEASE: New Lease YRS. LEFT: SQUARE FOOTAGE: 3,000 sfHOURS OF OPERATION: 11am – 10 pm, 7 DaysSEATING: (inside) 96 (outside) 20REASON FOR SELLING: Running two operations, time to slow downCOMMENTS: Located in a very well-kept strip mall with a major supermarket as it’s anchor. On a very heavily travelled numbered route that intersects with a major interstate. The concept is Mexican with no competition around for miles, but with very little effort it can be almost anything. Great bar that seats 15 with plenty of TV’s visible from all over. Needs to have delivery added and promote home party platters and the sky is the limit.Absentee owners ... Less

PLYMOUTH area~~Greek-style Pizza & Homemade Italian Pasta DishesSELLING PRICE: $100,000 DOWN PAYMENT: only $50,000 and you’re in business.SALES VOLUME: $7,000/wk Delivery: 20 %LEASE: CHEAP at $2,000/ mo (includes NNN) SQUARE FOOTAGE: approx. 1200 sfHOURS OF OPERATION: Winter hours: 6 days: M-Th: 4-8, F-Sat: 11-9 (closed Sun.)SEATING: 25 seatsCOMMENTS: Very nice family run operation with fresh pasta made in house. Located on a very heavily travelled numbered route in a famous South Shore seaside community. All equipment is in good working condition and the landlord is very easy to get along with. Plenty of parking and visibility. GET CREATIVE WITH A FULL LIQUOR LICENSE!! Or turn it into a breakfast/lunch operation, of which there is none of in the area. ... Less

TEWKSBURY-WILMINGTON~~PRICE DROP SPORTS BAR W/ PIZZA PARLORSELLING PRICE: $599,000 DOWN PAYMENT: $150K SBA financing readily available…sellers motivated…make an offer. SALES VOLUME: $1.1M ($25K/wk.) LEASE: $6,300/mo. gross SQUARE FOOTAGE: 4,000 sf. (separate bar area for private parties up to 99 people)HOURS OF OPERATION: 6 days; closed Monday, most days 11 am – 11 pm SEATING: 52 pizza 64 pub (99 max)Estimated Annual Net Profit: $250K/yrREASON FOR SELLING: retiring after 30 yrs.COMMENTS: In operation for the last 32 years on a very busy numbered route ... Less

RESTAURANT PUB...very popular, limited, easy menuSELLING PRICE: $295,000 DOWN PAYMENT: $150,000SALES VOLUME: $28,000/ wk. Delivery: 20%LEASE: $5,100 (NNN Inc.) YRS. LEFT: 7 yrs.SQUARE FOOTAGE: 2,000 sfHOURS OF OPERATION: 11 AM-11 PM, 7 DaysSEATING: (inside) 90 (outside) 75SIGNED NDA RequiredCOMMENTS: Flourishing pub-style restaurant in a Boston bedroom community. Extremely comfortable interior décor. Ample on and off-street parking. Just add catering and party platters and the sky is the limit. If you are a chef or talented cook prepared to work and hit that $200,000 income level, this is the place. After 30+ years in the business, the owner wishes to retire after a smooth transition. With loving care this gem will be yours to enjoy for years to come. ... Less

Selling Price: $395K with 50% down. or SBA financing available with 10% down.Sales Volume: $25K a week Nights Only (opened March 2024)LEASE: $8K a month (includes NNN) 3 year option to buy real estate.SQUARE FOOTAGE: 4,400 SF. Footprint of the building. Lot is 1 acre... Lots of parking.HOURS OF OPERATION: daily 3-9PMSEATING 135 seats (18 Stools at bar)COMENTS: Frontage on two busy numbered routes. Town Sewerage. Additional adjacent home ($500K) and office bldg. Also available ($800K) Restaurant was totaly renovated 9 months ago with all new equipment. One Mile to Rte. 3 Exit. ... Less