Carol Snider & Laura Snider Cooperman, Coldwell Banker Residential Brokerage | Metrowest Real Estate

00 Confidential, Saugus, MA 01906  

Business Opportunity
Sale Price
Parking Spaces
Lot Size
Building SQFT
Well established profitable pizza/Roast beef and sub. The restaurant is in strip plaza next to the downtown and Melrose border in an outstanding in a high foot traffic year-round location. The place can seat up to 16 people. The lowest average income is $9500 weekly. The business has been established 25 years ago and has been managed by the current owner since May 2011. Equipment includes pizza conveyor oven- saves energy-, vertical oven for the roast beef, a walk-in fridge, 2 freezers, 2 cold/salad stations, 2 fry station, large grill, dough machine, microwave, warmer and 2 soda fridges. Growth & Expansion: to mail coupons to the next-door residential area. Great opportunity to own a business in North Boston, call now.
List Price: $170,000
Sale Price: $150,000
Settled Date: 5/1/2020 12:00:00 AM
Type of Bus.: Restaurant w/out Liquor
Status: Sold
Basement: No
Restrooms: 3
Parking Spaces: 38
Lot Size: 67,082.00
Building SQFT: 1,200
Real Estate Included: No
Year Built: 1994
MLS#: 72559889
Basement: No
Elevator: No
Facilities: Kitchen, Lounge
Handicap Access: No
Restrooms: 3
Lot Size: 67,082.00
Building SQFT: 1,200
Location: Strip
Parking Spaces: 38
System: Telephone, Security
Traffic Count: 95
Utilities: Public Water, Public Sewer, Natural Gas
Documents in Hand: Investment Analysis, Tax Return, Lease Agreement
Zoning: Commercial
Zone Description: Legal Conforming
Gross Annual Expenses: $365,250
Gross Annual Income: $494,000
Net Operating Income: $128,750
Inventory Available: No
Owner Training: Yes
Real Estate Included: No
Special Financing: Yes
Special Licences: No
Tenant Expenses: Taxes, Heat, Air Conditioning, Electric, Water, Insurance, Trash Service
Business Hours: 11-10
Equipment List Available: Yes
Reason for Sell: Personal
Disclosure Declaration: No
Disclosure: The lease for 7 years with 2 options 5Y/each , Pay 30% and the 70% SBA loan. Sunday hours : Noon-10:00 pm.
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The listing office is Coldwell Banker Residential Brokerage - Framingham and the listing agent is Sam Takla. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.