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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