Pizza Shop Worcester, MA 01602
- Retail properties
- 2,500 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Pizza Shop
- Year built
- 1979
- Property size
- 2,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
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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
- -71.8512
- Latitude
- 42.2705
