Prime-General Walpole Rt 1 Area.

East Walpole, MA (Norfolk County)

Seller Financing Available
Prime-General Walpole Rt 1 Area.
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Asking Price: $260,000

Cash Flow: N/A

Gross Revenue: $1,040,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2003

Prime-General Walpole Rt 1 Area.

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Business Description

Walpole-Fabulous Italian Restaurant only $260K Steal of the Year.

LOCATION:GREATER WALPOLE RT 1-SOUTH AREA.
TYPE OF BUSINESS: Gorgeous Turn key Italian Restaurant.
SELLING PRICE: $260k w/100dn...This is the :Steal of the Year!
SALES VOLUME:1 Million plus
SQUARE FOOTAGE:;7500 sq ft.
LEASE: $7500 ( Plus nnn) Very good for this "Hot"location.
HOURS OF OPERATION: 7 days.....4pm-10pm/ short Hours.Wow!
SEATING: Inside..235/ Function room seat 80 plus.

Detailed Information

Location:
East Walpole, MA
Employees:
25
Facilities:
Turn Key/ excellent showroom condition. 2 cooking lines (one for functions) The Best Bar around, comfortable and cozy. Separate gorgeous flexible dining room (seats 80)beautiful;l murals, fireplace, great dining warmth..restaurant is immaculate. Had engineer look over expanding function room/ can do and increase seating by 40 or more making it a 125 seat cozy function room..This is a real money maker as customers are being turned away for great profitable functions. Owner wants to retire after 15 successful years, this Restaurant is definitely a steal at 260,000.without question!.Owner is willing to do Creative financing to accommodate new buyer..only 100k down...incredible! (Home Based)
Competition:
Very busy Rt 1 south, over 150,000 cars a day easily/ nothing like this around.
Growth & Expansion:
Yes, Engineer looked over function room expansion , can expand to accommodate from 80 guests to up to 125 guest, this is HUGE as the area really needs it.!
Financing:
owner will help finance for qualified buyer.
Support & Training:
yes -up to 2 weeks if necessary.
Reason for Selling:
Owner is retiring after 15+ successful seasons.
Home-Based:
This business is Home-Based
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Contact the Seller

(from currently available funds)
 
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Bob Cioffi

Business Listed By:
Bob cioffi

NATIONAL RESTAURANT EXCHANGE

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Sponsoring Broker:
Dennis Serpone

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