Busy Profitable Pizza Restaurant at Intersection
Business Description
Pizza Restaurant Newly Built in 2017 add Beer/Wine
This popular restaurant opened in 2017 and has been busy 8 years will one million average sales per year. Fully Remodeled in 2017 with new equipment. The location has high traffic; the plaza is at a traffic light. High volume anchor store in the plaza brings walking traffic as well. Lots of Shopping in the area and College Campus Closeby. Easy Access to the Highway. Ample Parking in the Lot. Stellar Lease with 2,000 Square Feet, 12 years left on Under Market Assignable Lease. Low Rent to Sales Ratio. Tenant pays 8.9% of building expenses, lease base rent $3,000 monthly until 2027, then increase CPI adjusted. Security Deposit is $2500. CAM: is calcuated by HVAC costs, Water/Sewer, , Grounds Keeping, Snow Removal, RE Taxes portion, Property Insurance, Operating expenses. Tenant pay directly: utilities, trash, personal property taxes.
About the Business
- Years in Operation
- 8
- Employees
- 9
- Facilities & Assets
- HOOD, Walkin, Refrigeration, Bain Maries/Pizza Preps, Sneeze Guards, Dishwasher, Ice Jockies, Ice Machine, Keggerator, Sinks, Stove, Grills, Dining Furniture, Open AIr Merchandiser, Glass Door merchandiser, Shelving, Wall Shelves, Stainless Tables, Counter Equipment.
- Market Outlook / Competition
- The area has other pizza restaurant -- this one is considered superior
The name is identified in many different counties.
The convenience of being in the middle of a shopping intersection is key to success as well as superior recipes. - Opportunities for Growth
- Better website development and social media program can expand business
Add more Catering
Add Beer and Wine License to achieve more dine in business and beer/wine sales
High volume pizza restaurant -- Add Specials for Dinner Service. Flyer the Community
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- Not Disclosed
- Lease Expiration
- 4/30/2037
About the Sale
- Transition Support
- 1 week to 1 month
Listing Info
- ID
- 2362329
- Listing Views
- 692
Listing ID: 2362329 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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