Price Reduced on Established Profitable Pizza Restaurant

Asking Price$325,000

Cash Flow
$190,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$730,000

Inventory$5,000
Not included in asking price
FF&E$125,000
Included in asking price
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Price Reduced on Established Profitable Pizza Restaurant


Asking Price$325,000

Cash Flow
$190,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$730,000

Inventory$5,000
Not included in asking price
FF&E$125,000
Included in asking price

Seller Financing Available
Business Description
Become the owner of this well-established pizzeria located just a short distance from the popular beaches of the Alabama Gulf Coast. This business is located on the main highway that leads to the beach area of the Alabama coast. Longevity is a key factor in the success of a business and this business has been at the same location going on the 17th year of operation. This business has not only stood the test of time but has continued to grow each year since the business was started. Step into the ownership of this business and began earning over $100,000.00 a year as the proud owner of a successful Pizza restaurant. This is a turnkey sale and all furniture, fixtures and equipment remain with the sale and are in excellent condition. Everything is in excellent condition and a new owner will be serving up pies the day they take over the business. The square footage of the business is 1600 square feet and the lease is good until the end of 2028 and can be re-negotiated for additional years. The landlord would like to keep the business in the location due to the strong flow of foot traffic to the strip center. The strip center has ample parking to accommodate up to 75 vehicles. There is indoor dining as well as take-out and pick-up service along with delivery service through Uber eats and Door Dash. With a strong emphasis on catering, the sales could reach $1,000,000.00 easily. The current owner is selling due to health reasons and will consider all offers. While the owner values confidentiality of the sale, specific details are available by contacting the broker.
About the Business
Years in Operation
21
Employees
10
Facilities & Assets
The facilities are in excellent condition and offer seating for up to 50 customers. There is alcohol service of beer and wine. The restroom facilities are well maintained and there is more than ample parking available to accommodate all customers. The equipment and building have been updated and offer an excellent Italian flair for the comfort of the customers.
Market Outlook / Competition
Due to the rapid growth of the area, the market is very strong. As more people and businesses continue to move to the area, this will only strengthen the market. The competition in the immediate marketing area consists of all the national brand pizzas and none of them offer indoor dining.
Opportunities for Growth
The expansion of the business is outstanding. With 24 years in the current market and previous location in Gulf Shores, the brand is strong and has been well received in both locations. Expansion throughout Baldwin County would be highly suggested. The current growth of the business can be increased with a powerful entry into the catering of the products. Baldwin County is the fastest growing county in the state of Alabama and offers an excellent opportunity for catering with all the new businesses locating in the area.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,600
Rent
$1,950.00 per month
Lease Expiration
12/31/2028
About the Sale
Seller Motivation
Other business interests.
Transition Support
The Seller will offer two weeks of in-house training on all aspects of the business along with continued consultation by phone, text or email, for an additional 30 days.
Financing Options
Owner financing of balance with $200,000.00 down payment, for 4 years at 7% interest.
Listing Info
ID
2247869
Listing Views
3551

Contact Seller

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Business Listed by: Randy Shurbet isellrestaurantsandbars.com

Listing ID: 2247869 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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