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Pizza Restaurant, High Volume & Great Location
Location: United States -> Massachusetts
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

An Iconic neighborhood restaurant in the historic suburb of Boston. Well established and family run for last 12+ years. Consistent high volume with 20% growth over last year.

Family owned for last 12 years. The Restaurant was originally built in 1968 and then it was converted to a mill shop. Current owner bought it back in 2008 and converted it back to its original state of a neighborhood restaurant. It's a community gem and is rated 4.8/5 on various social media sites. It has a story, is community pride and presents a rare entrepreneurial opportunity for someone who loves being a part of great community.

A well established Pizza and Deli restaurant in the heart of historic downtown center. High volume with both indoor seating, outdoor patio and take out window. Weekly $16K with 6 days operation. No slowdown during COVID, sales actually increased and staying consistently at high level. Multiple growth opportunities, including adding a pub/bar and doubling the revenue. Great social media presence and community pride.

Doing weekly $16K consistently is not by chance. This is a well established restaurant. Currently it is operated 6 days, adding 7th day is a good growth opportunity. A Bar/Pub license can be easily added which will further the growth. 10% overall growth is easily achievable and creative entrepreneur can take it even further.

Restaurant is located in the historic town center. Plenty of on-street parking and beautiful patio for outdoor dining. Indoor dining and option to convert to Tavern. Pick window for easy drive through like setup which allows for quick service for ice cream and take out.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $650,000
Cash Flow:   $150,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2002
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  3 weeks
Reason For Selling:  retirement




Print Listing Id: 700361974
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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