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Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

Very Profitable Multi - Unit Pizzeria / Grill Concept

Location  Massachusetts,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $2750000
Net Profit / Cash Flow  $605000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2002
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Description  Established and profitable Pizzeria & Grill Chain with strong cash flow. This multi-unit local brand has strong locations, below market rents and is independently operated. The shops are currently cash flowing $605,000 per year. The stores are in close proximity to each other and there is plenty of room for growth. Some financing is available for qualified Buyers! LOCATION: Multi Units North of Boston FACILITY: These are new store with newer leasehold improvements and equipment. PARKING: On street and dedicated parking EQUIPMENT: The equipment is in good condition and is of good quality. LEASE TERM: Ten (10) years remaining on the current lease, options are available. BASE RENT: $6,911 per month NNN (Excellent rent rate approximately 2.5-3% of Sales) CONCEPT: Pizzeria & Grill SEATING: The seating varies depending on location HOURS: Open from 11:00 AM - 9:00 PM POS: Pizzeria POS system SALES: Approximately $2,750,000 per year CASH FLOW: Approximately $605,000 per year ASKING PRICE: $1,200,000 (Some Financing Available for Qualified Buyers)
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