TD GARDEN area, SPORTS~ENTERTAINMENT HEAVEN

Boston, MA

Seller Financing Available

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Asking Price:$650,000
Gross Revenue:$2,000,000
Cash Flow:$250,000
Rent:$6,300/Month
BUSINESS DESCRIPTION

TD GARDEN~NORTH END~HAYMARKET SQ.---RARE OPPORTUNITY TO BUY

HEAVY TAKE-OUT SANDWICH-PIZZA SHOP.
Shops NEVER become available in this area. Family issues force sale.

SELLING PRICE: $650K (SBA financing readily available)

SALES VOLUME: $40K - $45k/wk and growing % Delivery: NONE!

LEASE: cheap at $6K/mo.(only 5% of sales)YRS. LEFT: 9 yrs w/ 3% increases each yr.

SQUARE FOOTAGE: 2,000 sf.

HOURS OF OPERATION: 7 days, 11 am – 11 pm

SEATING: (inside 32 seats) (outside 20 seats)

COMMENTS: Owner has made a ton of money…doesn’t need to work hard for more:
NO DELIVERY, NO ADVERTISING…COULD BE OPEN TILL 3 AM.
1,000s of new apts, condo’s, and offices within walking distance. All new equipment.
If you can qualify for an SBA loan, if you have the experience, you’ll buy gem.
NETS OVER $250,000/YR.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
23/09/2033
Employees
8
Facilities
NEWLY BUILT OUT 3 YRS. AGO
Competition
Typical
Growth & Expansion
advertise , deliver, and longer hours for more volume and growth.
Financing
SBA financing available...minimum of $150,000 cash required
Support & Training
As much as required...however buyer must have serious experience.
Reason for Selling
Health and family issues.

BUSINESS LOCATION
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Dennis
Serpone
NATIONAL RESTAURANT EXCHANGE
Dennis Serpone