Reputable Pizza Parlor - 32203 Business Type: catering and event planning,delicatessen/catering services,pizza parlour,restaurant/ cafes/ diners
Acted as the Advisor to the Deal
Essex County, MA
Suffolk County, MA
Norfolk County, MA
All of MA
Hillsborough County, NH
Merrimack County, NH
Rockingham County, NH
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $165,000 | Down Payment | $100,000 |
| Gross Revenues | $540,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $70,000 | Number of FT Employees | Register Free to View |
Financing
$100,000 Down and 24 months @6%
Business Description
Profitable and reputable - great opportunity for an owner/chef! Featuring Italian style hand stretched pizza, along with calzones, strombolis, subs and pasta. Offers a 20" pizza, which is great for parties! Located on a very busy street, with on street parking, with new housing development underway. There are 12,000 addresses in a 1/2 mile radius.
Gets outstanding on line reviews - "Excellent comfort food"; "The best pizza ever and so delicious"! With just about no marketing or advertising business continues to increase!
Owner currently works about 36 hours a week.
Seating for 10. 40% of business is pickup - balance is delivery. Also been doing some catering but could be pursued further. Currently closes 9:30 weekdays and 10:30 Friday and Saturday. However, this is an area where late night deliveries could be expanded to really grow this business, even if offered a limited menu. .
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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