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You are here:
Home Massachusetts Gloucester Businesses for Sale

1010 Confidential Gloucester, MA 01930

634 Days on Boston Pads
Price Reduced $2,000
2 Photos
$648,000
Type: Restaurant w/out Liquor
Org Type: N/A
7440 Bldg. SQFT
1 Restroom
1010 Confidential
Gloucester, MA 01930

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 - $38000 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.

Property Overview

Property Details click or tap to expand

Business Information

  • Special Licanses: No
  • Documents on File: Appraisal, Lease Agreement, Pro. Forma, Restrictive Covenants, Soil Survey, Tax Return

Financial Information

  • Gross Annual Income: 1924000
  • Net Operating Income: 399000
  • Tenant Expenses: Air Conditioning, Electric, Heat, Sewer, Taxes, Water

Building & Lot Information

  • Restrooms: 1
  • Zoning: Legal Conforming
  • Building Construction: Frame
  • Utilities: Natural Gas, Public Sewer, Public Water
  • Last Updated: 04/22/23

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/23/2024Active$644,000$87MLSPIN
04/19/2024Extended$644,000$87MLSPIN
01/14/2024Active$644,000$87MLSPIN
01/10/2024Price Change$644,000$87MLSPIN
12/22/2023Active$645,000$87MLSPIN
12/18/2023Extended$645,000$87MLSPIN
11/18/2023Active$645,000$87MLSPIN
11/14/2023Price Change$645,000$87MLSPIN
10/27/2023Active$648,000$87MLSPIN
10/23/2023Extended$648,000$87MLSPIN
08/05/2023Active$648,000$87MLSPIN
08/01/2023New$648,000$87MLSPIN
04/22/2023Active$648,000$87MLSPIN
04/18/2023Extended$648,000$87MLSPIN
03/28/2023Active$648,000$87MLSPIN
03/24/2023Extended$648,000$87MLSPIN
03/04/2023Active$648,000$87MLSPIN
02/28/2023Extended$648,000$87MLSPIN
10/22/2022Active$648,000$87MLSPIN
10/18/2022Price Change$648,000$87MLSPIN
09/27/2022Active$648,500$87MLSPIN
09/23/2022Price Change$648,500$87MLSPIN
09/19/2022Active$648,900$87MLSPIN
09/15/2022Price Change$648,900$87MLSPIN
09/13/2022Active$649,000$87MLSPIN
09/09/2022Price Change$649,000$87MLSPIN
08/12/2022Active$650,000$87MLSPIN
08/08/2022New$650,000$87MLSPIN

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Seller's Representative: Sam Takla, Coldwell Banker Realty - Framingham
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2023-04-22 03:05:00