Request More Information Contact the Seller
- RE: Popular Italian Restaurant Since 1964
- Contact: Mr. Williams
Quick Facts
Asking Price: | $295,000 | |
Annual Revenue: | $1,800,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1961 | |
Employees: | 12 | |
BBN Listing #: | 982907 | |
Broker Reference #: | E6522 |
Business Overview:
WORCESTER ~ POPULAR ITALIAN RESTAURANT since 1964
SELLING PRICE: $295,000 DOWN PAYMENT: $100,000
SALES VOLUME: $25,000 - $30,000/week consistently
LEASE: $6,500/month (includes NNN) Years left: 3 years+ 5+ 5
SQUARE FOOTAGE: 6,000 square feet (huge kitchen with excellent equipment)…SPRINKLED
HOURS OF OPERATION: 7 days, 11 – 9 pm (great staff will stay on)
SEATING: 175 inside 50 outside patio
REASON FOR SELLING: retiring
COMMENTS: ‘BYOB’… full liquor license is available. Customers come from EVERYWHERE for their ‘tripe’ and stuffed ‘everything’. No competition in the area. Located on a very busy main road near MASS PIKE exit makes it easy to get to.
If you have the experience and the money, I guarantee that when you see this gem…YOU’LL BUY IT.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
The equipment in this restaurant is unbelievable. The location is A+ This is a must see and a money maker
for 64 years.. What else can I say? If you see it, have the money and experience, you will buy it as the experienced staff will stay on.....
Market Competition and Expansion:
No competition in the are at all.... Sky is the limit with this sprinkled high volume restaurant..
Owner will offer minimal training to maintain the current goodwill.
Reason for Selling:
RetiringAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Massachusetts businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information