Well Established Pizza Restaurant For Sale! Live & Work at the Beach!

Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$300,000
Not included in asking price
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Well Established Pizza Restaurant For Sale! Live & Work at the Beach!


Asking Price$550,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$300,000
Not included in asking price
Business Description
Started in 1994, Giant Slice Pizza has built a reputation as the best pizza shop in town. Current ownership took over in 2015 and since then have increased gross sales and profitability, all while being open only six months out of the year!

In addition to increased efficiency in the operations of the business, Giant Slice has also acquired real estate for housing employees (or perhaps the new owner), which is absolutely essential to running a successful seasonal business in Corolla.

This employee condo IS NOT included in the sales price listed here. We currently lease our restaurant space, and that rent is $3,800/month.

The business is set up for further top-line growth in the years to come, due to economic and development forces both outside and within Corolla. Current owner will include in the sale 80 hours of their time for training new ownership; included in this will be many ideas and suggestions to grow the business further, picked up over ten seasons of operation.

Any interested parties will be required to sign a non-disclosure agreement before being given access to financial records, which will show the business is very profitable and has only become more so in recent years. The business is being listed for sale so that the current owner can pursue other business ventures on a year-round basis and no longer operate the restaurant during the summer season.

If you’re tired of working for someone else, here’s your chance to be your own boss. Not only does it allow you to live and work in one of the most beautiful places in the country, but it’s only open for six months out of the year!

Come get your very own slice of the pie!
About the Business
Years in Operation
31
Facilities & Assets
All restaurant equipment and furniture. Certain sports memorabilia will remain as part of the sale as well, to be negotiated as part of sale.
Website
https://www.giantslicepizza.com
Market Outlook / Competition
One of five pizza shops in town. One of the longest presences and (in our opinion), best pizza in town.
Opportunities for Growth
From time to time there is an opportunity to open a second location in Duck or Kitty Hawk. In addition, an adjacent business offers a unique expansion opportunity for the current location, should that other business not renew their lease at some point.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
1,048
About the Sale
Seller Motivation
Other opportunities that require time and attention during the summer season
Transition Support
80 hours of sellers time to be scheduled as buyer requests and is acceptable to seller.
Financing Options
Not interesed in seller financing; I’ll charge you a much higher rate than banks
Listing Info
ID
1989861
Listing Views
5726
Attached DocumentsAttachment Disclaimer

Non-Disclosure-Agreement.pdf

Business Location

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Business Listed by: Adam Collins

Listing ID: 1989861 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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