$1.3M annual sales Italian take out restaurant for sale
Business Description
RARE OPPORTUNITY: Turn-Key Italian Restaurant with 30 + Year Legacy
Established over 30+ years, this highly profitable Italian restaurant represents an exceptional investment opportunity in Watertown, MA. With $1.3 million in annual sales and $209,000 in cash flow, this absentee-owner business demonstrates remarkable financial performance and operational efficiency.
BUSINESS HIGHLIGHTS:
• 30+ years of continuous operation with established customer base
• Absentee owner model with streamlined, automated systems
• Strong cash flow representing 16% of gross revenue
• Prime location on busy Watertown street with high traffic
• Comprehensive menu offering broad appeal
OPERATIONS:
This turn-key operation features fully automated processes requiring minimal hands-on management. The extensive menu includes fresh seafood, specialty pizzas, calzones, subs, salads, pasta dishes, family-style dinners, catering services, and full beverage program. The business caters to diverse customer preferences from quick takeout to family dining.
FINANCIALS:
• Annual Revenue: $1,300,000
• Cash Flow (SDE): $209,000
• FF&E Value: $150,000
• Inventory Value: $15,000
LOCATION & LEASE:
Strategically positioned in a 3,000 square foot space on a high-traffic Watertown street. Current lease at $5,000 monthly runs through December 2029 with a 5-year renewal option, providing stability and favorable occupancy costs representing only 4.6% of gross revenue.
SALE INCLUDES:
Complete FF&E package, established website, goodwill, and comprehensive training from seller.
This exceptional opportunity combines the stability of a decades-established brand with the flexibility of absentee ownership, making it ideal for investors seeking a proven, profitable restaurant business with strong market position and growth potential.
Asking Price: $400,000
Established over 30+ years, this highly profitable Italian restaurant represents an exceptional investment opportunity in Watertown, MA. With $1.3 million in annual sales and $209,000 in cash flow, this absentee-owner business demonstrates remarkable financial performance and operational efficiency.
BUSINESS HIGHLIGHTS:
• 30+ years of continuous operation with established customer base
• Absentee owner model with streamlined, automated systems
• Strong cash flow representing 16% of gross revenue
• Prime location on busy Watertown street with high traffic
• Comprehensive menu offering broad appeal
OPERATIONS:
This turn-key operation features fully automated processes requiring minimal hands-on management. The extensive menu includes fresh seafood, specialty pizzas, calzones, subs, salads, pasta dishes, family-style dinners, catering services, and full beverage program. The business caters to diverse customer preferences from quick takeout to family dining.
FINANCIALS:
• Annual Revenue: $1,300,000
• Cash Flow (SDE): $209,000
• FF&E Value: $150,000
• Inventory Value: $15,000
LOCATION & LEASE:
Strategically positioned in a 3,000 square foot space on a high-traffic Watertown street. Current lease at $5,000 monthly runs through December 2029 with a 5-year renewal option, providing stability and favorable occupancy costs representing only 4.6% of gross revenue.
SALE INCLUDES:
Complete FF&E package, established website, goodwill, and comprehensive training from seller.
This exceptional opportunity combines the stability of a decades-established brand with the flexibility of absentee ownership, making it ideal for investors seeking a proven, profitable restaurant business with strong market position and growth potential.
Asking Price: $400,000
About the Business
- Years in Operation
- 35
- Employees
- 7 (7 Full-time)
- Facilities & Assets
- Sale includes all Fixture, furniture and equipment, as well as business website, good will and any existing catering contracts.
- Market Outlook / Competition
- The business is located on a busy street of Watertown. High traffic
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $5,000.00 per month
- Lease Expiration
- 12/31/2029
About the Sale
- Transition Support
- Seller will provide necessary training.
- Financing Options
- No seller financing
Listing Info
- ID
- 2417432
- Listing Views
Listing ID: 2417432 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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