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11 Maple StreetDanvers, MA 01923Price: $659,000

  • Price: $659,000
  • 142 Days on Market
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Federal 30-year interest rate: 6.33% last updated on Dec 8, 2022
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  • $659,000List Price
  • 2Bathrooms
  • 2,000Square Feet
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Listed by Timothy M. Barry of Barry Realty Group,LLC
Very busy and very profitable pizza restaurant in superior downtown location. Plenty of on street and off street parking. Part of a retail strip with abundant parking. Interior in great shape. Menu consists of primarily pizza , but does salads, soups, sandwiches, and panini's. Beer and wine available at the bar. Seller applying for full liquor. Large location with great visibility and signage right in the square. Great reputation with best pizza in town. Currently doing sales that will allow for annual sales of $1.4 million. Of course the last couple years sales were indicative of covid situation. But the restaurant stayed open with some various day closings to give an over worked staff a break. Anew buyer can do even better by adding a friolator, hood, and grill. There is room physically for both in the kitchen. Approximately 40 seats inside. Asking $659,000. Financials will be presented with NDA. Lease currently has 4.5 years remaining with Landlord options to be given.

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