Italian Rest on N. Shore Major Route

Essex County, MA
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Asking Price:$175,000
Gross Revenue:$400,000
BUSINESS DESCRIPTION

TYPE OF BUSINESS: ITALIAN RESTAURANT

LOCATION: Melrose -Saugus Line

SELLING PRICE: $175.000 DOWN PAYMENT: $50,000

SALES VOLUME: $8,000/WK 10 % Delivery:

LEASE: New Lease YRS. LEFT:

SQUARE FOOTAGE: 1800sf

HOURS OF OPERATION: Tue, Wed 1 - 9 Th, Fri 1 - 10:00 Sat 12 - 10:00 Sun 4 - 9:00


SEATING: (inside) 60 (outside)

REASON FOR SELLING: Moving on to other projects

COMMENTS: Small, cozy intimate dinning room with very nice furnishings and colors.
Well laid out cooks’ line with great flow to the waitstaff pick up area. Additional storage and waitstaff area around the corner. B.Y.O.B. with a full liquor license available. Absolutely great opportunity for a Chef Owner to show his or her talents. New Lease available. Located on a highly travelled major route with great visibility and parking.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Facilities
Small, cozy intimate dinning room with very nice furnishings and colors. Well, laid out cooks’ line with great flow to the waitstaff pick up area. Additional storage and waitstaff area around the corner. B.Y.O.B. with a full liquor license available.
Competition
Some, but none within walking distance
Growth & Expansion
B.Y.O.B. right now , but a full liquor license is available
Financing
$50k down w/Bal at 6% interest for 5 years
Support & Training
As needed
Reason for Selling
Other ventures
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John
Ruggieri
NATIONAL RESTAURANT EXCHANGE
John Ruggieri