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Established Pizzeria Pub In Weymouth/Quincy For Sale

Weymouth/Quincy, Massachusetts, US
Asking Price:
$325,000
Sales Revenue:
$1,200,000
Cash Flow:
Available on request

TYPE OF BUSINESS: Pizzeria & Pub

LOCATION: Weymouth/Quincy Area

SELLING PRICE: $325, 000 DOWN PAYMENT: $150,000

SALES VOLUME: $23k/wk. Delivery: 20%

LEASE: $6,900 NNN Inc. YRS. LEFT: 3 yrs. + 5 yr. option

SQUARE FOOTAGE: 2400sf

HOURS OF OPERATION: Su-W 11-9 F-S 11-10

SEATING: (inside) 59 (15 at the Bar) (outside) 12

REASON FOR SELLING: Other Interests

COMMENTS: Great opportunity to own a Pizzeria and a Pub under one roof, with dual kitchens. Busy operation on a very busy street in a mixed-use neighborhood with over 300 new apartments coming by this summer, right next door. Many improvements have been made to the mechanicals in the past few months. The bar area is busy with Keno and many TVs. Add party platters and catering as well as more delivery and the sky is the limit. Plenty of parking, outside the Patio in season.
ABSENTEE OWNER

Property Information

Real Estate:

Lease

Lease Terms:

3 yrs. left w/5yr option.

Leasehold Rent:

6,900 Inc. NNN per annum

Location:

Busy operation on a very busy street in a mixed-use neighborhood with over 300 new apartments coming by this summer, right next door.

Premises Details:

Dual kitchens. Many improvements have been made to the mechanicals in the past few months. The bar area is busy with Keno and many TVs.

Size in square feet:
2400sf

Business Operation

Expansion Potential:

Add party platters and catering as well as more delivery and the sky is the limit. Plenty of parking,

Competition / Market:

Some larger full-service operations in the area

Reasons for selling:

Other interests

Trading hours:

Su-W 11-9 F-S 11-10

Employees:
12

Other Information

Support & training:

as needed

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$150,000 down, Bal due over 4 yrs. at 6%

Related Documents:
Relocatable:
This business can be relocated.