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- RE: Established Italian Pizzeria Restaurant
- Contact: Syed Ali
Quick Facts
Asking Price: | $325,000 | |
Annual Revenue: | $810,800 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $140,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 7 | |
BBN Listing #: | 951724 | |
Broker Reference #: | HZ544SAR |
Business Overview:
Great opportunity to purchase an established and profitable neighborhood Italian Restaurant & Pizzeria located in Howard County, Maryland. The business has been serving the local community for nearly 25 years with a delectable array of pizzas, pastas, subs, sandwiches, desserts, and more! The business is conveniently located on a highly traveled road surrounded by houses with several nearby churches, a large number of businesses and apartments where the residents and guests frequently dine in and order from the restaurant.
All of the restaurant equipment is in great condition and working order with two hoods which will allow the business to increase menu offerings and generate higher revenues. There is seating for 50 inside with carry-out and delivery services. The business has partnered with Grub Hub and Uber Eats and has great reviews on those platforms as well as the major online review and social media platforms.
This is a great business for someone looking to get their start in the restaurant industry or for someone who is just looking to build their small business portfolio. This is a true turn-key operation with a great location, solid business history, loyal customer base and financial track record. We don’t expect this business to last long so contact us today to learn more!
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Property Features and Assets:
The business operates out of a 2,500 square feet building that is leased for approximately $8,500/month that is located within a densely populated community with houses surrounding the restaurant as well as apartment buildings, multiple churches and other businesses that drive traffic to this restaurant. There is a seating capacity of about 50 for dine-in. All of the refrigerators, ovens, and freezers are in good shape and in working condition.
Market Competition and Expansion:
Competition: There is a Pizza Hut Express and Domino’s within a 1-mile radius of the restaurant, but those who know this restaurant understand that the food quality is far better than many national chains. There is no other Italian Restaurant or Pizzeria that is located nearby in competition with this business.
Growth & Expansion: There are a number of ways to grow and expand the business. There is kitchen equipment and space to handle increased sales volume. Breakfast and other menu items can be added. A buyer may also want to expand on the current marketing efforts including more direct community outreach/partnerships and delivery service area.
Reason for Selling:
Owner would like to pursue other business opportunities.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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