Address
1010 Confidential, Gloucester, MA
Price
$ 644,000
Property Attributes
- MLS#73143033
- TypeBusiness Op
- CountyESSEX
- CityGloucester
- Zip01930
- StyleRestaurant w/out Liquor
- Price$ 644,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage7440
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Well-established profitable pizza/Roast beef and sub. The restaurant is in a strip plaza next to the downtown and the seaport of Gloucester, an outstanding high foot traffic year-round location. The place can seat up to 48 people. The average income is $32000 - $37000 weekly. The business was established 32 years ago and has been managed by the same owner since 2014. Equipment includes a pizza double conveyor oven- which saves energy-, a vertical oven for the roast beef, a walk-in fridge, 2 freezers, 2 cold/salad stations, 2 fry stations, a large grill, and dough machine, microwave, warmer, and 2 soda fridges. The restaurant will have a beer license soon. Growth & Expansion: to mail coupons to the next-door residential area. Great opportunity to own a business in Gloucester next to the seaport; call now.
| Price History | |
|---|---|
| 8/1/2023 | Listed $648,000 |
| 11/14/2023 | 1% - $645,000 |
| 1/11/2024 | 1% - $644,000 |
General Features
| Utilities | Public Water,Public Sewer,Natural Gas Available |
|---|---|
| Zoning | NB |
| Construction Materials | Frame |
| Year Built | 1990 |
| Tenant Pays | Taxes,Heat,Air Conditioning,Electricity,Sewer,Water |
| Gross Income | 1924000 |
| Business Type | Restaurant w/out Liquor |
| County | Essex |
| Net Operating Income | 399000 |
| Property Type | Business Opportunity |
| Status | Active |
| Directions | Ask the listing agent |
| City | Gloucester |
| Senior Community Y/N | No |
| Zoning Description | Legal Conforming |
| Lot Size Square Feet | 2900 |
| Waterfront Y/N | No |
| Street Name | Confidential |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
Interior Features
| Total Baths | 1 |
|---|
Exterior Features
| Building Area Total | 7440 |
|---|---|
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Business Op Average in 01930
Price
Visits
Year Built
Walkscore
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