Request More Information Contact the Seller
- RE: Pizza Pub On Heavily Traveled Route
- Contact: John F
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $1,100,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $125,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1992 | |
| Employees: | 2 | |
| BBN Listing #: | 980896 | |
| Broker Reference #: | JR164 |
Business Overview:
TEWKSBURY-WILMINGTON~~super popular PIZZA PUB
SELLING PRICE:$800,000 DOWN PAYMENT: $200,000
SBA financing readily available…sellers motivated…make an offer.
SALES VOLUME:$1.1M ($25,000/week.)
LEASE:$6,300/month gross
SQUARE FOOTAGE:4,000 square feet (separate bar area for private parties up to 99 people)
HOURS OF OPERATION: 6 days; closed Monday, most days 11 am – 11 pm
SEATING: 52 pizza 64 pub (99 max)
Estimated Annual Net Profit: $250,000/year
REASON FOR SELLING: Retiring after 30 years.
COMMENTS: In operation for the last 32 years on a very busy numbered route in the Tewksbury/Wilmington area. The pub was recently added and has a great sports bar look with lots of TV’s and seating up to 99 patrons. Each partner gets $150,000 salary and feels it is time to retire. Real Estate may become available through an option of first refusal. What’s missing is Keno! Add keno and you will increase sales and profit unbelievably.
This is the most successful pizza pub in the region.
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:
Prime location on a very heavily traveled numbered route. Very visible small strip mall with plenty of parking. In a nice neighborhood with both residential and mom and pop commercial space. The pub was recently added with all brand new equipment and fixtures, the kitchen is impeccably maintained .
Market Competition and Expansion:
Some competition in the area but no other pus within close proximity. Add keno and you will blow the walls out of the place.
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:
- 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
