Established Local Pizzeria for Sale in North Central Illinois

Asking Price$340,000

Cash Flow
$220,985

EBITDA$218,335

Gross Revenue$743,970

Inventory$1,750
Included in asking price
FF&ENot Disclosed

Storage Area
Dining Area
Gaming Area
Pizza Ovens & Checkout
Kitchen
Cooking Area
Storage Area
Dining Area
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Established Local Pizzeria for Sale in North Central Illinois


Asking Price$340,000

Cash Flow
$220,985

EBITDA$218,335

Gross Revenue$743,970

Inventory$1,750
Included in asking price
FF&ENot Disclosed

Business Description
Casual, family-friendly Italian restaurant dishing out pizza, beef rolls, and other comfort foods for the last 35 years! The dining rooms seats 40+ and suitable for large families or groups. There is a dedicated gaming area and 4-person bar adjacent. This business is turnkey and the current owners will assist with turnover, gaming and liquor license transfer as well as future consulting services are negotiable. Excellent landlord with one year lease remaining and flexible future lease terms. The business sale price includes all equipment - ovens, cooktops, fridges, freezers, inventory, cookware, bakeware, POS system, TVs, delivery equipment, and the menu! The soda and gaming machines are not included but can easily be transferred to the new owner.
About the Business
Years in Operation
35
Employees
9
Facilities & Assets
Business is located in a shopping center just west of downtown. The purchase price includes all equipment, menu, social media, business name, and turnover training.
Market Outlook / Competition
The location of the business assists with providing prompt delivery to all areas of town as they are centrally located on an east/west corridor. Much of their business is through carryout service from 4pm-6pm daily.
Opportunities for Growth
Additional pizza ovens could be added to reduce cooking time and delivery time. Additional social media presence or additional online ordering options could yield some additional sales (currently using Clover).
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$1,776.50 per month
Lease Expiration
4/30/2026
About the Sale
Seller Motivation
Owners interested in additional business endeavors.
Transition Support
Owner willing to provide 20 hours of turnover training as part of the sale. Additional consulting work shall be negotiated as part of a purchase agreement.
Financing Options
Seller prefers conventional financing, SBA loan, or possibly owner financing.
Listing Info
ID
2367241
Listing Views
737

Contact Seller

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Business Listed by: Leah Erickson

Listing ID: 2367241 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.