High Volume Pizzeria in Booming Somerville Neighborhood

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High Volume Pizzeria in Booming Somerville Neighborhood
Asking Price:
$339,000

Gross Revenue:
$936,000
Cash Flow:
$276,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

High Volume Pizzeria in booming Somerville neighborhood. This business has growing sales and a strong Cash Flow. This business and location has been successful for decades. Sales and profit could be grown with a more involved owner. Seller financing available with 60% down!

FACILITY: The facility has been well maintained and is in very good condition
PARKING: Local lot and street parking
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: Three years with one (1) seven-year option
BASE RENT: $3,640 NNN (NNN= $350)
CONCEPT: Pizzeria
SIZE: 2000 square feet
SEATS: 22 seats
HOURS: Open Sun-Thursday 11:00a-9:30p & Friday-Saturday 11:00a-10:30p
LICENSES: CV
SALES: $18,000 per week or $936,000 annually
CASH FLOW: $276,000 annually

About the Business

Location:
Somerville, Massachusetts

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About the Sale

Seller Financing:
Seller Financing Available with 60% Down Payment

Listing Info

ID:
1621509
Ad Detail Views:
0

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Business Listed by

Todd Smith

Corbett Restaurant Group

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