Pizzaria & Creamery Business for Sale!

Business Opportunity for Sale
Catylist Listing ID: 30377431
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $75,000
Name of Establishment: Cafe Lucca
Business Website Address: http://www.cafeluccaprovidence.com/
Year Business Established: 2018
Gross Revenue: $208,000 (Annual)
Cash Flow: $195,000 (Annual)
Relocatable Business: Yes
Sale Terms: All equipment and furniture included in the sale. Name and license transferable.
Last Updated: 3/25/2019

Overview / Comments

Here's a gem of a business that has excellent food quality and flavor, an extensive menu, a clean and inviting seating environment, and a high visibility/traffic location! Do not miss this opportunity to make your mark in an area with unlimited customer potential........it's just feet away so use your creativity to tap it! The owners are pursuing other interests that they love but are leaving you with a business generating 3.5k - 4k of sales per week. The growth potential is there to increase these numbers exponentially! Parking lot on the side of the building and in front at the roadside.

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Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Industry Segment: Restaurants
Reason for Selling: Pursuing other interests.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Real Estate Lease Description: Triple Net Lease. $2,000.00 per month (property taxes included in rent and water included). Tangible tax, sewer, and utilities are the responsibility of the lessee.
Mgmt/Training Support Description: One (1) month of training available.
Competition/Market Description: Unlimited traffic count to take advantage of. Nice distance between area competition.
Growth/Expansion Opportunities: The license is valid to do business till 4 AM which, if utilized, would increase revenue. GrubHub, etc., also add to revenue.
Seller Financing Description: Owners would consider financing depending on the terms requested.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,404 206,096 386,653
Median Age: 29.41 34.07 36.68
Households: 5,777 77,023 148,838

Contact

Photograph of Listing Agent

Anthony Santangelo

HomeSmart Professionals ECCPN Member
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