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Pizza And Burger Shop In Essex County For Sale

Essex County, Massachusetts, US
Asking Price:
$465,000
Sales Revenue:
$855,000
Cash Flow:
$215,000

This thriving restaurant has been in business for 8 years and turns out vast array of killer burgers and pizza. Exceptional bar business to go along with the restaurant. Owner net cash flow is about $215,000 a year. Exceptional number. He triples his profit on all food items. Excellent records with some owner financing to the right individual. Owner will stay on and train and would consider staying on PT in some capacity. Excellent established staff in place including manager. The restaurant is open for dinner nightly and lunch is offered on weekends. This business has been featured on Phantom Gourmet. The food that comes out of the kitchen is exceptional.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other business interest.

Employees:
9
Years established:
2007

Other Information

Support & training:

The seller will fully train the new owner.

Financing available:

465,000.00 Down & $365,000 at 6% over 24 Months

Furniture / Fixtures value:
$45,000
Inventory / Stock value:
$1,000

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