Hot Listing
100% ABSENTEE OWNED PIZZA - Established 30 Years - Very Profitable
Business Description
This is a very well established Italian Pizza business of 30 years. Located in a great downtown main street location in the very upscale and affluent town of Winchester. This business has been 100% absentee owned for just over 3 years. Owner has never worked 1 day in the business ! Very good crew and manager in place. Free-standing building with plenty of parking with a drive-around feature. This operation boasts high sales volume/profits and needs new "vested ownership" to bring it to the next level of profitability. Reasonable monthly rent which includes NNN's with 15 years remaining on the lease. Great opportunity to acquire this high volume operation which has much potential for an astute owner operator who really knows the "pizza trade" to grow the business to the next level.
About the Business
- Years in Operation
- 30
- Number of Employees
- 24
- Facilities & Assets
- Free-standing building with plenty of parking. Very nice build-out, design and efficient layout, very clean and is adherent to all DOH codes. Two bath rooms. 35 seats inside and 10 patio seats outside. All equipment in good working order.
- Market Outlook / Competition
- Average competition.
- Opportunities for Growth
- 100% absentee owned and with management and crew in place new owners can "pocket" the "top-heavy" payroll of a general manager ($90,000) and others ! Working owners with their "vested" oversight should be able to increase sales to over $40,000 weekly. Menu prices are currently on the "low" side and should be increased.
Grow the social media platform and advertising. Focus on more catering opportunities.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $5,417.00 per month
About the Sale
- Seller Motivation
- Seller has other businesses that he need to focus on
- Transition Support
- Will be provide to a qualified buyer
Listing Info
- ID
- 2396750
- Listing Views
- 956
Listing ID: 2396750 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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