Pizza Restaurant - Highly Profitable!
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Established since 1993, this is one of the most successful and profitable pizza restaurants in King County, WA. It is not a franchise. The revenue breakdown is approximately 41% dine in, 32% take out, 14% third-party delivery, and 13% catering and others. The owner works approximately 30 to 40 hours a week. The owner’s job duties include marketing, booking catering jobs, delivery of catering orders, and general accounting and administration. There is a general manager who handles hiring and employee management. Staffing consists of 2 managers, 10 chefs / cooks, 1 dishwasher, 1 cashier, and 13 servers. After many years of owning the business, the owner is ready to retire. This is a rare opportunity to acquire a well-run, highly profitable pizza restaurant and grow it to the next level. BUYER QUALIFICATION: Due to the landlord’s requirements, the buyer should have $2 million+ in net worth. Prior restaurant experience is preferred.
About the Business
- Years in Operation
- 33
- Employees
- 27 (12 Full-time, 15 Part-time)
- Facilities & Assets
- The restaurant is located in a prime location in King County, WA. It is highly visible and gets a lot of foot traffic. The restaurant itself is 1,879 square feet. More details can be shared after completing the NDA and passing the broker’s buyer qualification process.
- Market Outlook / Competition
- This restaurant has a great reputation, receiving lots of glowing reviews online as well as being featured in national and local media. The location is excellent and gets lots of foot traffic. The restaurant is well-run and profitable, having demonstrated consistent revenues and profits year after year.
- Opportunities for Growth
- At retirement age, the owner has not been spending the time and energy to actively grow the business. A new owner with fresh energy can focus on marketing and grow this business to the next level.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- Seller is willing to train. Details negotiable.
- Financing Options
- Cash at closing. Broker can assist buyer with bank financing.
Listing Info
- ID
- 2466488
- Listing Views
- 26
Listing ID: 2466488 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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