Business Opportunity - Restaurant w/out Liquor

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Asking Price:
$295,000

Gross Revenue:
$936,000
Cash Flow:
$196,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Well established profitable pizza/Pasta and sub. The restaurant is in the main street next to Boston College and T station in an outstanding in a high foot traffic year-round location. The place can seat up to 18 people. The lowest average income is $18000 weekly. The business has been established 10 years ago and has been managed by the current owner since March 2015. Equipment includes 2 pizza ovens, a walk-in fridge, 6 freezers, 2 cold/salad stations, 1 fry station, large grill, dough machine, microwave, warmer and 3 soda fridges. Growth & Expansion: to add catering service. Great opportunity to own a business in Boston, call now.
The business is eligible for the SBA loan with a 10% down payment.

About the Business

Location:
Boston, Massachusetts
Year Established:
2009
Number of Employees:
9
Home Based:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1,300
Rent:
$2,100.00 Per Month
Lease Expiration:
6/30/2029
Market Outlook/
Competition:
There is competition everywhere, but the area is very busy and next to the BC college, student's dorms and the green T
Growth & Expansion:
To add catering service
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Yes
Seller Financing:
Pay 10% and the 90% SBA loan

Listing Info

ID:
1631566
Ad Detail Views:
0

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Business Listed by

Sam Takla

Coldwell Banker Commercial Brokerage
License# 9552677

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