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  • RE:  Popular Italian Restaurant Since 1964
  • Contact:  Mr. Williams
Owner Financing is Available!
$100,000 down payment. Owner will finance the balance @ 6%

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

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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:

Retiring

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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