Ascend Business Brokers
Business Intermediaries


Listing ID: XX941
                                 [North Shore, MA]

Greek Pizza and Subs with Real Estate
Financial Information
Asking: $175,000
(Price Includes Real Estate)
Gross Sales: $9,500 Weekly 
FF&E: $60,000 (approximately)
Inventory: $15,000 (approximately)
(Not Included in Asking Price)

Summary Description:
Well-established Greek Pizza and Sub Shop located in the Salem, Peabody, Beverly area of the North Shore.

High profile location on a busy downtown street. Lots of nearby businesses, government offices, courthouses, residential housing and other activity generators, such as nearby colleges and hospitals.

Free standing building with a dedicated parking lot. The entire building and systems are less than 11 years old. Positively beautiful interior design work. Separate room for catering and functions. The full service kitchen is suitable for a variety of concepts.

The menu features pizza, calzones, soups and salads, hot and cold subs, specialty sandwiches, wraps, Greek and American dishes, beer and wine and desserts. Open 7 days, 10:00 AM to 10:00 PM.

This pizza store enjoys a fine reputation and a strong sales history. Lots of potential to increase marketing and expand delivery, take-out and catering!

The real estate is separately available for purchase for $650,000.

This pizza store is positively turn-key. Do not delay, call us today!

General Information:
Seating: 85 Patrons
Licenses: Common Victualler
Wine and Malt Beverages
Building: Free standing building consisting of approximately 2,718 square feet, plus basement. Parking Lot (approximately 11,000 sq. ft./31 spaces). 
 Lease: The Seller will offer the buyer a new long term lease.
Monthly Rent: $3,800, plus NNN.
Year Established: 1993
Support/Training:  The Seller will provide a 2 week transition period.
Reason Selling: Retirement.

Contact Information

Wayne S. Michals
Tel: 866.970.7050, Ext. 100
Fax: 617.273.2620

Blog: Ascend Business Brokers Blog

All financial and other information, including, without limitation, information
concerning gross sales, income and/or expenses: (A) has been provided by the seller; (B) has not been independently verified whatsoever by the broker; and (C) is subject to "errors and omissions." The broker makes no representations or warranties (either express or implied), covenants, certifications, or guaranties whatsoever concerning the accuracy, completeness, or correctness of any of the financial or other information regarding the business. This business is subject to prior sale and/or withdrawal from the market at any time, for any reason or for no reason.