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- RE: Asset Sale For A Fully Equipped Pizza Restaurant
- Contact: David Chebalo
Quick Facts
Asking Price: | $110,000 | |
Annual Revenue: | $292,421 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $88,409 | |
Real Estate: | Not Disclosed | |
Year Established: | 2023 | |
Employees: | 4 | |
BBN Listing #: | 982338 | |
Broker Reference #: | 2007-18682 |
Business Overview:
This asset sale offers a grand location in a primary city in Hampton Roads, Virginia. Neatly positioned on a main roadway, the area is stellar. The buildout shows superb attention to detail, and the state-of-the-art equipment is ready for high-volume activity. Add your name and signage, and you're in business. The current owner has multiple locations and has decided to consolidate and reduce the number of operating locations. This location is set nicely for a similar operation, as the customer base is accustomed to the convenience of the location and area. A five-year lease is in place for the space of 1,125 square feet. The lease term runs until September 30, 2028. Two five-year options are attached to the lease; the 2025 base lease cost is $1,496, with an additional estimated CAM charge of $630 per month.
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Property Features and Assets:
A five-year lease is in place for the space of 1,125 square feet. Brand newly remodeled bar area. The lease term runs until September 30, 2028. Two five-year options are attached to the lease; the 2025 base lease cost is $1,496, with an additional estimated CAM charge of $630 per month.
Assets = $88,409
Reason for Selling:
Consolidation.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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