ConfidentialSaugus, MA 01906MLS Number 72559889

  • Price: $175,000
  • 12 Days on Market
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Federal 30-year interest rate: 3.56% last updated on Sep 12, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1994Year Built

Driving Directions

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.

Listed by Sam Takla of Coldwell Banker Residential Brokerage - Framingham

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More Info

Parking

  • Parking Spaces38

Building

  • Year Built1994
  • Building ConstructionFrame
  • Building Square Feet1200
  • Equip Listing AvailYes
  • No of Restrooms3
  • Entry OnlyNo
  • ElevatorNo
  • FacilitiesKitchen, Lounge
  • BasementNo

Basic Information

  • Date Listed09/05/2019
  • StatusACT
  • Modification Date2019-09-09T03:05:00
  • Property TypeRestaurant w/out Liquor
  • Status Date2019-09-05T13:59:00
  • List Price$175,000
  • Tenant ExpensesTaxes, Heat, Air Conditioning, Electric, Water, Insurance, Trash Service
  • Original Price175000
  • MLS Number72559889

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Photos

  • Photo Date2019-09-05T13:59:00
  • Number of Photos2

Location

  • LocationStrip
  • StreetConfidential
  • TownSaugus
  • StateMA
  • Zip01906
  • CountyEssex
  • Traffic Count95

Property

  • Net Operating Inc158750
  • Business Hours11-10
  • Gross Annual Income468000
  • Gross Annual Exp309250
  • Lot Size67082
  • Handicap AccessNo

Other

  • Owner TrainingYes
  • Special FinancingYes
  • Inventory AvailNo
  • DirectionAsk the listing agent
  • DISCLOSURENo
  • Sub Agency OfferedNo
  • SystemTelephone, Security
  • DISCLOSURESThe lease for 7 years with 2 options 5Y/each , Pay 30% and the 70% SBA loan. Sunday hours : Noon-10:00 pm.
  • Main LoK95001
  • FormCorporation
  • Real Estate IncludedNo
  • Reason for SellPersonal
CENTURY 21  Advance Realty
CENTURY 21 Advance Realty
Office: 781-395-2121
284 Salem Street
Medford, MA 02155

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