Temp . Off the Market! N.Shore $299 K Pizzeria Busy Area PARKING

Asking Price$299,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$850,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Temp . Off the Market! N.Shore $299 K Pizzeria Busy Area PARKING


Asking Price$299,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$850,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
TYPE OF BUSINESS: Successful Italian Pizzeria Hand tossed!
BIG TAKE-OUT BUSINESS! Turn-key.
LOCATION: Lynnfield, high traffic count, parking area for approx. 16 cars, other parking nearby
SELLING PRICE: Priced right-$299,000 50%-70% DOWN $$ Preferred
SALES VOLUME: Owner Will Prove Sales. $16wk
20-25% delivery, 35%-40%% take-out, catering 10% ( more soon) , Lunch-Dinner 50-50
LEASE: $ 4000. Flat rate next 4 years then two 5-year options. Good rent ratio-less than 6%
. NNN-Taxes/Insurance/Maintenance -
See Lease
SQUARE FOOTAGE: approx.1510 sq. ft., good work flow, plus downstairs a large prep table- great for catering, more equipment, bathroom, office
SEATS: Approx. 16 seats including counter seating
# OF BATHROOMS: 2 very clean bathrooms -Up and down
DAYS/HOURS OF OPERATION: Mon.& Tues. 11:00 a.m -8 p.m.; W, Th. & Friday 11-9 Closed Sun.
EMPLOYEES: approx.10 employees-2 cooks, 2 drivers, 1 prep, 5 P.T. front end

REASON FOR SALE: Moving to Florida

COMMENTS
Popular, Attractive & Appealing Pizzeria. Recently renovated/updated. Clean & organized! Owner spent $70k between new and updated equipment/labor in the last few months-including 2 oven replacements, new motor for hood, 2 new refrigerators & 1 new freezer , 2 new POS systems,dessert display a new& beautiful ductless heat/air conditioner, a new R.B. slicer, a new dessert case + more. These INVESTMENTS HAVE ALREADY BEGUN TO YIELD IMPRESSIVE RESULTS!
Added revenue from : Door dash, Grub Hub and Slice. Strong upside-add more hours and build up catering business

Current owner has been here a year and sales are steady. Moving to Florida.

Excellent Records. Owner will provide year to date Sales Reports from POS and current Lease to a serious buyer. Strong upside-add more hours, increase marketing and build catering business
.If you are experienced, financially qualified and have serious interest in being a working owner/ manager please contact me by text, phone call, or email.


ALL INFORMATION IS FURNISHED BY SELLER & is believed to be accurate, should be verified by the Buyer.
Subject to errors & omissions.
About the Business
Facilities & Assets
Great facility and up-to-date equipment.
Market Outlook / Competition
Strong take-out business-perfect for this market & future market
Opportunities for Growth
Catering, add a day
About the Sale
Transition Support
Support during two weeks of transition.
Listing Info
ID
2257050
Listing Views
2672

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Business Listed by: Charles Rollins C Wesley Broker

Listing ID: 2257050 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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