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- RE: Italian Restaurant On Busy Numbered Route
- Contact: John F
Quick Facts
| Asking Price: | $175,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $125,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1994 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 983226 | |
| Broker Reference #: | JR166 |
Business Overview:
TYPE OF BUSINESS: ITALIAN RESTAURANT
LOCATION: Melrose -Saugus Line
SELLING PRICE: $175.000 DOWN PAYMENT: $50,000
SALES VOLUME: $8,000/Week10 % Delivery:
LEASE: New LeaseYRS. LEFT:
SQUARE FOOTAGE: 1,800 square feet
HOURS OF OPERATION: Tue, Wed 1 - 9 Th, Fri 1 - 10:00 Sat 12 - 10:00 Sun 4 - 9:00
SEATING: (inside) 60(outside)
REASON FOR SELLING: Moving on to other projects
COMMENTS: Small, cozy intimate dinning room with very nice furnishings and colors.
Well laid out cooks’ line with great flow to the waitstaff pick up area. Additional storage and waitstaff area around the corner. B.Y.O.B. with a full liquor license available. Absolutely great opportunity for a Chef Owner to show his or her talents. New Lease available. Located on a highly travelled major route with great visibility and parking.
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Property Features and Assets:
Located in a small strip mall on a major numbered route with plenty of visibility and parking
Market Competition and Expansion:
Some in the area but none within walking distance.
Reason for Selling:
RetiringAdditional 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
Relevant Links:
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