Two Great Pizzerias or Fast Casual Restaurants

Boston, MA (Suffolk County)

Two Great Pizzerias or Fast Casual Restaurants
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Asking Price: $725,000

Cash Flow: $310,000

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Two Great Pizzerias or Fast Casual Restaurants

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Business Description

Great Pizzeria or Fast Casual Restaurants located in Boston & Cambridge. Sales could be grown with a more involved owner and better price points. These sites have excellent visibility and good foot traffic. This is a terrific conversion opportunity for almost any fast-casual concept! (The name is not included in the sale)

FACILITY: The facility has been completely renovated and is in very good
condition
PARKING: On street parking & local city lots & garages
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is
of good quality.
LEASE TERM: Ten (10) year lease with a 5-year option. (first right of refusal on the
building)- Boston
Three (3) years remaining with one 5-year option- Cambridge
BASE RENT: $7,420 per month gross (Boston);
$2,350 a month (water and taxes are separate) (Cambridge)
CONCEPT: Pizzeria or Fast Casual Restaurants
SIZE: 900 square feet in Boston; 1100 square feet in Cambridge (Both with
full basements)
SEATS: Seating for 34 persons (Boston) & 20 (Cambridge)
LICENSES: C.V.
SALES: Over 1.3MM in 2017, $1.5MM Projected for 2018 (Yearly Sales Growth of
11-13%)
CASH FLOW: $310,000

ASKING PRICE: $725,000 (For the Two Locations)

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(from currently available funds)
 
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Todd Smith

Business Listed By:
Todd Smith

Corbett Restaurant Group

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