Hot Listing

Established Turn Key Pizzeria/Money Maker in Growing Area

Asking Price$775,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,700,000

Inventory$30,000
Included in asking price
FF&E$105,000
Included in asking price
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Hot Listing

Established Turn Key Pizzeria/Money Maker in Growing Area


Asking Price$775,000

Cash Flow
$300,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,700,000

Inventory$30,000
Included in asking price
FF&E$105,000
Included in asking price

Seller Financing Available
Business Description
This is an established local and Tourist favorite food/pizza destination with a great reputation in both food and service, Located near downtown. This is a rare opportunity to purchase a full-service, turn-key, and successful restaurant/bar
operation which is being offered for sale at $775,000. Business features Full Service Dining, Carry Out and Delivery Service. The business sale includes all leasehold improvements including a Type 1 hood, New Triple Deck XLT Pizza Oven, furniture, All restaurant equipment, smallware’s, POS system and $30,000 in inventory at close of escrow.
The landlord is willing to extend the existing lease for a negotiated period of time
during escrow. This restaurant offers both dine-in, delivery and take out options for
customers, full-service kitchen area and restrooms. The restaurant continues to experience year to year sales increases despite the reduced days and hours of operation. The gross revenue increases annually by approximately 10% from previous years with a current average daily sale for indoor & take-out and delivery ranging between $4,500 to $8,000 per day. Both hours and days in operation could easily be expanded to dramatically increase business revenue.
Currently there is a #12 liquor license.
Owner is selling for personal/health reasons but is willing to train new owners/staff for a negotiated period of time.

Seller MAY also consider holding Note given sufficient cash Down reached. An NDA will be required for full disclosure of financials and location.
About the Business
Years in Operation
37
Franchise
This business is an established franchise
Facilities & Assets
All in Listing. Everything needed (minus wall Pictures) will Be included in Sale providing Full Asking Price is Met.
Market Outlook / Competition
6-10 Existing Pizza Businesses in Area None of which "compete". Small town with NO POSSIBILITY of Major chain Competition expected. Large Residential growth occurring near location.
Opportunities for Growth
Days and Hours of Operation can be extended EASILY which would result in additional 250k per/yr, MINIMUM at $4,000 per/day.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$7,400.00 per month
Lease Expiration
4/1/2028
About the Sale
Seller Motivation
Personal/Health
Transition Support
Will Train New Owner(s)/Staff for a negotiated Period of time also if Full Asking is Met.
Financing Options
Seller financing available.
Listing Info
ID
2073390
Listing Views
3133

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Listing ID: 2073390 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.