George & Company

UNDER AGREEMENT - Upscale Pizza with LQ License in City #15611

Worcester, MA (Worcester County)

 

Seller Financing Available

Asking Price: $129,000

Gross Revenue: $572,000

Rent: $3,500 /Month

Established: 2016


Business Description

  • Well established, independently owned, quick service restaurant on a heavily traveled/well populated main road in Worcester.
  • Gross Lease (No Triple Net) with 15 Year Option
  • Over $400k invested in build-out / kitchen equipment
  • 50% Pick-Up
  • 30% Delivery
  • 20% Dine In

Current Revenue $11,000 Per Week & Growing


Attached Documents

Click for CA


Detailed Information

Location: Worcester, MA

Real Estate: Leased

Employees: 8

Facilities: 2,200 sq. ft. / full cellar. Seats 50. Full Bar. Parking, excellent build-out and well-equipped kitchen.

Competition: Highly traveled location with 30,000 car traffic count. Strong professional commercial area which is also close to a densely populated residential neighborhood.

Growth & Expansion: Sales have grown each of the last several years. Sales are currently averaging $11,000 per week. Over $400,000 has been invested in furniture, fixtures, and equipment.

Financing: Seller will possibly finance up to 50% of purchase price for a well-qualified buyer

Support & Training: Seller supports transitional training to aid in a smooth transition.

Reason for Selling: Seller down-sizing

Contact: Jeff Lefebvre

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


Looking for More Information?

Before we can give you any further information, you must fill out, sign, and mail our Confidentiality Agreement (to get full access this form, as well as the ability to Submit electronically, please click the DOWNLOAD button in the upper right and save it to your computer. 

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