Lucrative Pizza & Sub Shop In Picturesque Town For Sale

Business description

Well established Pizza & Sub shop with great cash flow and prime location on the North Shore. This store is very easy to operate has very little overhead and is netting over $200k per year. Currently grossing $9,800 per week, menu items include; Pizzas, Calzones, Grilled Sandwiches, Melts, Salads, Wraps, Frozen Yogurt, Coffee and specialty drinks. The owners have started a new family and cannot devote as many hours to this business. This is a real money maker and is price to move!
SALES: Approximately $509,600
CASH FLOW: Approximately $202,000
ASKING PRICE: $223,000

Property information

Location:

Prime Location in a Picturesque town.

Premises details:

The space is approximately 1,000 square feet with a 24 person seating capacity. The space has a very functional layout and design.
PARKING: There is street parking along with side and a bank lot behind the building.
EQUIPMENT: The equipment is in good condition and has been well maintained and is of good quality.
LEASE TERM: Ten (10) years remaining on the current lease.
BASE RENT: $3,004 per month and includes maintenance, water & trash removal
CONCEPT: Café with Pizza, sandwiches and frozen yogurt
SEATING: There is seating for 24 patrons inside.
HOURS: Open from 10:00 AM – 11:00 PM
LICENSES: Common Victullars.

Size in square feet:

1,000 s/f

Other information

Support & training:

Training will be provided

Reasons for selling:

The Owners have several small children.

Trading hours:

10:00 AM - 11:00 PM

Financing available:

Financing is avialable

Furniture / Fixtures value:

$60,000 (included in the asking price)

Inventory / Stock value:

$5,000