Pizza / Italian / American / Mexican Food

Everett, MA (Middlesex County)

Pizza / Italian / American / Mexican Food

Asking Price:$85,000

Cash Flow:$100,000

Gross Revenue:$450,000

EBITDA:N/A

FF&E:N/A

Inventory:$2,000*

Established:2008

*not included in asking price.

Pizza / Italian / American / Mexican Food

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Business Description

Are you a cash flow buyer? good, read on

Are you looking for a "pretty" shop? this is a money making machine.

Do you want real weekly sales of minimum $8,000 to $10,000? good, keep-on reading

You need owner financing? skip this posting, no owner financing here.

You want a place with cheap rent? long lease? good.

You want to be in downtown and on main street? again, skip this post.

you want a place that is in the corner of 3 different cities? good.

You want a place with consistent sales? established for 10 years, owned for 2.2 years by seller? good.

You agree with me that the only thing that matters in good cash flow? then we should talk.

There's nothing fancy about this shop, I like the phone ringing off the hook, the good vibe, the positive energy of owners, the "consistent sales", the cash flow that rolls in day-in, day-out, if you are from the school of hard knocks-type-of-guy or maybe you have $85,000 and are looking for a good return on your money, AND are willing to 'work-hard' in your business, this is for you my friend, who wouldn't want to recover their money on the first year? I know I would . . it takes an owner willing to put in the time and the sweat to make things happen, this shop is owned by 2 brothers who understood that only hard work, discipline, consistency, good service, good food and an awesome attitude are the ingredients for a successful business . . a business that "makes money" . . if you are the type of buyer that is gonna be an absentee owner I suggest you keep looking, this business is for a hands-on guy or family . . owner does not finance and the price isn't too negotiable, they understand that a place that does $8,000 to $10,000 a week should be priced at least $120,000 so if you're smart and not a bottom feeder who thinks that a cash offer of $60,000 will fly, save your time [and mine] the price is $85,000 and almost FIRM . . oh and yes [all cash] so . . interested parties please contact me at your convenience, privacy and confidentiality is requested.

Concept: American / Italian / Mexican
Rent $1,250
Weekly sales $8,000 to $10,000
Lease 5 + 5
Weekly food costs: $1,800
Employees: 4 [2 p/t] + [2 f/t]
Delivery pertentage: 80%
Website: Yes
Training: 1 week
Seating: 18
Parking: 0
Years established: 10
Years owned: 2 and 2 months
Reason for selling: Looking to move up to full line restaurant
Sq ft of shop: 900 sq ft [approximate]
Owner financing: No
Selling Price: $85,000
Sales verification form: Offer contingent on income verification of no less than $8,000 weekly, contingent on business passing inspection for all permits and licenses currently active and contingent on you obtaining assignment of lease.
Deposit with offer: $5,000 to be held in escrow by broker pending contingencies and applied at closing

Detailed Information

Inventory:
Not included in asking price
Employees:
4
Facilities:
This shop has good working equipment, the shop will be delivered with all equipment and machinery in working order as well.
Competition:
This shop is strategically located on the corner of three different cities, ideal for the delivery oriented owner that wants to tap into 3 different densely populated cities.
Growth & Expansion:
Once again, when you are located on the edge of 3 different cities all you need to do is expand what already there, in otherwords, build on this solid foundation.
Financing:
Non
Support & Training:
Owners willing to train new buyer with 1 full week of training.
Reason for Selling:
Moving to a full line restaurant concept.

Listing Statistics for Premium Members

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Daniel Surian

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Daniel Surian

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