Pizza and Itialian

Business Opportunity for Sale
Catylist Listing ID: 30344288
Property Subtypes: Food and Beverage
Building Size (RSF): 1,820 SF
Sale Price: $229,000
Name of Establishment: Pizza Restaurant
Year Business Established: 2011
Gross Revenue: $670,000 (Annual)
Cash Flow: $32,000 (Annual)
Sale Terms: some owner finance
Last Updated: 10/19/2019

Overview / Comments

Owner Finance 30% Down 5 years, at 5%. Very Busy Pizza take out averaging $12,000 to $17,000 a week Sales of almost $750,000 last years taxes, averaging almost $2000 a day in sales Over $20,000 in Equipment. 80% of business Pizza delivery 20% in house dining. Staff will stay on if needed, Owner will train for up to 2 weeks if needed. The business is a fully equipped take out restaurant with seating.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Industry Segment: Restaurants
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $20,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: leased property 5 year lease with 5 year option, owner will extend terms with new buyer
Mgmt/Training Support Description: 2 weeks
Seller Financing Description: some with large payment

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,374 15,994 35,580
Median Age: 40.67 41.94 41.29
Households: 1,157 5,785 12,652

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