Great Opportunity to buy established Pizzeria Business

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Franchise Roast Beef and Pizzeria
Asking Price:
$359,000

Gross Revenue:
$1,100,000
Cash Flow:
$310,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This is an opportunity to take over a fully operational and established pizzeria for a fantastic price. Everything is included and ready to go! Open 7 days a wee: Monday through Saturday 10:00-10:00 and Sundays 11:00-9:00. Easy to manage and operate. This restaurant is ready to take over and operate immediately. Requiring $119,000 down payment.
20 minutes North of Boston.
10 minutes away from the new Casino.

About the Business

Location:
Malden, Massachusetts
Year Established:
2016
Number of Employees:
10
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$4,500.00 Per Month
Lease Expiration:
9/30/2030
Facilities:
High Traffic Location! Seats 24 inside. All Equipment Included, 2 Bathrooms, Sprinkler System, Parking, Walk In Box, Mixer, 3 Refrigerators, 3 Freezers, 2 conveyor Pizza Oven, 1 grill, 1 fryolators, 3 POS systems and 5 digital menu boards. If Interested Owner will provide Financials. Call for Appt.
Market Outlook/
Competition:
In a plaza on Route 99 in Malden with a lot of traffic both driving and walking.
Growth & Expansion:
Opened in November 2016, the store has seen steady growth and looks forward to increasing as the years go on.
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About the Sale

Reason For Selling:
Franchise Turnkey Operation
Training/Support:
We will train our business operation and required that interested party train for at least four to six weeks. Looking for 2 year experience in the restaurant business.

Listing Info

ID:
1378555
Ad Detail Views:
3945

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Business Listed by
Steve Konis

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