For Sale
$199,000

Pizza Shop Worcester, MA 01602

Established Restaurant, High Revenue

Overview

Added:
Dec 11, 2024
Days on market:
136
This well-established Worcester, MA pizzeria, built in 1979, presents a unique opportunity. Spanning 2,500 square feet, this restaurant boasts a fully equipped kitchen and both dine-in and takeout areas, reflecting its old-world charm. Currently operating four days a week, the business generates a gross annual revenue of $515,000 with a monthly rent of $3,100. The sale includes $7,500 in inventory and $50,000 in furniture, fixtures, and equipment. The current owners, operating for 45 years, are retiring, offering a turnkey operation with two weeks of support and training. While facing consistent competition, the potential for growth and expansion is significant, given the current limited operating hours. Located in Worcester County, MA, zip code 01602, this business employs five people. The asking price is $199,000.

Highlights

  • Gross annual revenue: $515,000.
  • Inventory valued at $7,500 included in asking price.
  • Furniture, fixtures, and equipment (FF&E) valued at $50,000 included in asking price.
  • Monthly rent: $3,100.
  • Real estate is leased.
  • Five employees.

Property Details for 0 Pizza Shop

Property type
Retail properties, Restaurants
Square Feet
2,500 SF
Year Built
1979

Location Insight

City
Worcester
County
Worcester
State
Massachusetts
Latitude
42.2704584
Longitude
-71.8512036

FAQs

What type of property is this?
Retail property - Established Restaurant, High Revenue
Where is the retail property located?
The property is located at Pizza Shop Worcester, MA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Gross annual revenue: $515,000.; Inventory valued at $7,500 included in asking price.; Furniture, fixtures, and equipment (FF&E) valued at $50,000 included in asking price.
How can I contact the broker?
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0 Pizza Shop
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