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First time offered! This neighborhood icon has been serving its community for 40 years. The pizza shop sits in a charming, small freestanding building in a densely populated neighborhood on the edge of Boston, next to a growing commercial area. Just 400 sq ft with a 400 sq ft basement, the shop stays busy with only 3 employees, driven by a strong walk-in and pick-up business plus solid third-party delivery. The owner is retiring, so bring your enthusiasm and new ideas. Catering is an easy way to grow sales! Some seller financing is available to qualified buyers.
LEASE TERM: 3 years remaining plus two (2) additional 5-year options
BASE RENT: $2,500/month + $350 NNN; first option term $2,800 + $350 NNN; second option term $3,200 + $350 NNN
SEATING: None – pick-up only
SIZE: 800 sq ft total: 400 sq ft main floor plus 400 sq ft basement
HOURS: Open 7 days
LICENSES: CV, delivery and catering
SALES: $700,000
CASH FLOW: $195,000
ASKING PRICE: $395,000
(Some seller financing available to qualified buyers)
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