00 Confidential

    Saugus, MA 01906
    • $175,000
    • STATUS: Active
    • MLS #: 72559889
    UPDATED: 51 min ago
    $175,000
    • 0
      BEDS
    • 1.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    Built:
    1994
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Sam Takla of Coldwell Banker Residential Brokerage - Framingham.

    Description

    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 $9000 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.

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    The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-11-13T00:06:47.977.
    www.vanguard-realty.com/homes/98677174

    00 Confidential Saugus, MA 01906

    • Price: $175,000
    • Status: Active
    • Updated: 51 min ago
    • MLS #: 72559889
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.54
    Acres
    1994
    Built
    Neighborhood:
    Other
    County:
    Essex
    Area:
    Other
    Property Description
    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 $9000 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.
    Exterior Features

    Building Construction Frame Driving Doors 0 Loading Docks 0 Location Strip Parking Spaces 38 Traffic Count 95

    Interior Features

    Basement No Elevator No Facilities KitchenLounge Restrooms 3 Total Building Sq Ft 1200.00

    Property Features

    Business Hours 11-10 Business Opportunity Type Restaurant W/Out Liquor Disclosure No Disclosures The Lease For 7 Years With 2 Options 5Y/EachPay 30% And The 70% Sba Loan. Sunday Hours : Noon-10:00 Pm. Documents On File Investment AnalysisTax ReturnLease Agreement Equipment List Available Yes Form Corporation Gross Annual Expense 309250.00 Gross Annual Income 468000.00 Handicap Access No Inventory Available No Net Operating Income 158750.00 Owner Training Yes Real Estate Included No Reason For Sale Personal Special Financing Yes Special Licenses No System TelephoneSecurity Tenant Expenses TaxesHeatAir ConditioningElectricWaterInsuranceTrash Service Terms Rent W/Option Utilities Public WaterPublic SewerNatural Gas Zone Description Legal Conforming Zoning Commercial

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Sam Takla of Coldwell Banker Residential Brokerage - Framingham.


    The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-11-13T00:06:47.977.
     
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    Listing courtesy of Sam Takla of Coldwell Banker Residential Brokerage - Framingham.