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70 East Street

Ludlow, MA 01056
  • $247,500
  • STATUS: Active
  • MLS #: 72941226
Price Reduced
UPDATED: 71 min ago
$247,500
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1975
County:
Area:

School Ratings & Info

Listing courtesy of John Kontekakis of John Kontekakis.

Description

Rare opportunity to buy an iconic pizzeria that has become a landmark in Ludlow. Opened in 1975, the owner is finally retiring and saying goodbye to his baby after 47 years. The store is still pulling in good numbers, and the nice thing is, it's all repeat customers and word-of-mouth. Almost no advertising, NO DELIVERY, no table service, no social media, and no coupons. Only open 3pm - 8pm, and get this....CLOSED Sundays and Mondays. What does this mean for the new owner??? HUGE revenue upside potential. The business currently operates with a beer and wine license. Interior and equipment has been updated several times over the years. Seller willing to stay on for 2-4 weeks for training. Seller also owns the building, and will be the landlord going forward. Serious inquiries only, please. Buyer should have a strong cash position. Seller financing available if buyer comes up with $200k.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-23T21:09:30.877.
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70 East Street Ludlow, MA 01056

  • Price: $247,500
  • Status: Active
  • On Site: Days
  • Updated: 71 min ago
  • MLS #: 72941226
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1975
Built
Neighborhood:
Other
County:
Hampden
Area:
Other
Property Description
Rare opportunity to buy an iconic pizzeria that has become a landmark in Ludlow. Opened in 1975, the owner is finally retiring and saying goodbye to his baby after 47 years. The store is still pulling in good numbers, and the nice thing is, it's all repeat customers and word-of-mouth. Almost no advertising, NO DELIVERY, no table service, no social media, and no coupons. Only open 3pm - 8pm, and get this....CLOSED Sundays and Mondays. What does this mean for the new owner??? HUGE revenue upside potential. The business currently operates with a beer and wine license. Interior and equipment has been updated several times over the years. Seller willing to stay on for 2-4 weeks for training. Seller also owns the building, and will be the landlord going forward. Serious inquiries only, please. Buyer should have a strong cash position. Seller financing available if buyer comes up with $200k.
Exterior Features

Building Construction Brick Location DowntownStripHighway Access Parking Spaces 12

Interior Features

Basement No Elevator No Facilities Kitchen Restrooms 2 Total Building Sq Ft 2157.00

Property Features

Business Hours 3Pm-8Pm Business Opportunity Type Restaurant W/Liquor Disclosure No Documents On File Tax ReturnAccountant Provided Inventory Available Yes Real Estate Included No Reason For Sale Retirement Tenant Expenses HeatAir ConditioningElectric Terms Lease Utilities Public WaterPublic SewerNatural Gas220 Volts Zoning Ic

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of John Kontekakis of John Kontekakis.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-23T21:09:30.877.
 
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Charlesgate Realty Group
867 Boylston Street, Fl 3
Boston MA, 02116
Listing courtesy of John Kontekakis of John Kontekakis.