112 Main StreetLincoln, ME 04457MLS Number 1549992

  • Price: $175,000
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Federal 30-year interest rate: 6.13% last updated on Jan 26, 2023
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112 Main Street Lincoln ME 04457
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  • 0.17Acreage
JJ's Pizza and Subs is a takeout and delivery shop that has been a staple in the Lincoln community since 1960 and under the current ownership for 43 yrs. As the only deliver shop in the area, JJ's is famous for their Jersey style subs, generous topping pizza and top-quality fresh ingredients prepared the same way, every time. Located at 112 Main St in Lincoln Maine, JJ's owns the building they operate out of, which will convey with the sale.JJ's has been a fixture in Lincoln since the 1960s, and while there are other pizza and sandwich shops in Lincoln, they aren't the local fixture that JJ's is. JJ's offers everything you would expect to find at a local pizza and sub take-out in Maine such as fried seafoods, huge pizzas and sandwiches, chips, candy, and packaged cakes and cookies to go with the typical selection of beverages. JJ's is open Wednesday through Sunday, 10 AM to 9 PM, year-round. There are 6 total employees counting the owner and his wife, with 3 delivery drivers and 3 serving in the restaurant. All of the food is prepared by hand on site.Very little active marketing is done by the current owners. Word of mouth, reputation and being the only delivery option in town drive business to the front door.Equipment consists of 2 walk-in coolers, 6 regular coolers, 2 Pizza ovens, fryers and grills. The current owner is happy to stay on during a transitory period to ensure the buyers feel confident in the day-to-day operations.Over the companies 62-year history, JJ's Pizza-Lincoln is the only option for take-out. The shop currently generated $371,000 in annual sales in 2021, with 2022 sales expected to exceed 2021's sales coming in at $400,000Financials are available upon request.
Listed by Trinity Business Brokers

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Coldwell Banker American Heritage Real Estate
Coldwell Banker American Heritage Real Estate
Office: 207-942-6773
510 Broadway
Bangor, ME 04401

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More Info

Location Information

  • Building Number112
  • StreetMain Street

Building

  • BasementNone
  • Stories1
  • FoundationPoured Concrete
  • Building ConstructionWood Frame
  • RoofShingle
  • Year Renovated1949

Interior

  • FloorsConcrete, Wood

Utilities

  • Heat SystemForced Air
  • Heating FuelOil
  • Waste Water DisposalPublic Sewer
  • WaterPublic
  • CoolingNone
  • ElectricCircuit Breakers

Tax Information

  • Tax Year2,023

Location

  • StateME
  • TownLincoln
  • Zip04457
  • LocationBusiness District, Downtown, Historic District, Near Shopping
  • CountyPenobscot
  • Map139
  • Road Frontage70

Property

  • Acreage0.17
  • Sq Ft Finished Total1,223
  • Leased LandNo

Other

  • Parking Spaces5 - 10 Spaces

Basic Information

  • List Price$175,000
  • MLS Number1549992
  • Address112 Main Street
  • Broker NameTrinity Business Brokers
  • Modification Date01/20/2023
  • Agent ID019894
  • Broker ID3441
  • MLS StatusActive
  • Property SubTypeGeneral Commercial

Exterior

  • ExteriorVinyl Siding

Property Information

  • Property UsesRestaurant

Photos

  • Number of Photos1
  • Last Img Trans Date12/21/2022

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