Current Use by Public Records
- Niko's Pizza House / Restaurant
Property Details for 752 Grafton St
- Year built
- 1974
- Lot size
- 0.69 lot acres
- Property type
- Investment properties
Description
This exceptional business opportunity presents a well-established pizza and seafood restaurant in Worcester, MA, operating successfully for 50 years. Located on Grafton Street, this turnkey operation boasts a strong reputation built over decades, attracting loyal customers since 1974. The restaurant occupies a free-standing building with a second tenant (a soon-to-open laundromat) and ample parking (40+ spaces), ensuring convenient access for patrons. The high-traffic location on a main road guarantees excellent visibility and consistent customer flow. The sale includes the business, all equipment, and fixtures. The monthly rent is $3,150, inclusive of real estate taxes. The seller is responsible for 50% of annual snow removal costs. The current owners, ready for retirement after 25 years, are offering owner financing with a 50% down payment. A comprehensive training and support program is included to ensure a smooth transition for the new owner. The restaurant operates seven days a week, leveraging a delivery service and online ordering system for maximum reach and efficiency. This is a rare chance to acquire a profitable, established business with a proven track record and significant growth potential. The 0.69-acre lot provides ample space and opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Worcester
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.766
- Latitude
- 42.2505
