REVERE, Massachusetts
| Asking Price |
$700,000 |
Year Established |
1999 |
|
| Annual Revenue |
$1,800,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$180,000 |
Attention |
Dennis Serpone |
|
| Annual Cash Flow |
$180,000 |
Listing Number |
984863 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Catering, Food Preparation |
|
Business Overview:
Revere[area...MEATS AND DELI, PIZZA AND CATERING…with valuable REAL ESTATE...no seating...pick-up and delivery...so easy.
ASKING: $700K + Fair Market Value for the real estate by independent appraiser. SBA financing readily available with 10% down.
SALES VOLUME: $1.8M/yr….$34K/wk.
SQUARE FOOTAGE: business: approx. 2,900 sf…lot is approx.20,000 sf.
HOURS OF OPERATION: 6 days…mostly 9 am – 4 pm
COMMENTS: This is truly the best Italian specialty market in the area… prepared meals, pizza,deli sandwiches and bakery items. Loaded with excellent equipment, 3 walk-in refrigerators and freezers. 21 pkg. spaces. 100,000 cars go by your door every day.
Property Features and Assets:
<p>Valuable Real Estate Available at Fair Market Value...presently the real estate is being appraised.<br></p><p>21 pkg. spaces.<br></p><p>Town sewerage<br></p>
Market Competition and Expansion:
<p>Nothing at all in the area like this concept... This family has been in this business for years and years.</p>
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity