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  • RE:  Established Pizzeria Restaurant At Asset Sale
  • Contact:  Marc Lazarus

Quick Facts

Asking Price: $175,000
Annual Revenue: $884,000
Net Profit: Not Disclosed
Cash Flow: $74,600
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 6
BBN Listing #: 949208
Broker Reference #: 6301-841585

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Business Overview:

Established Pizzeria Restaurant at Asset Sale Price

Restaurant Pizzeria in business 30 years on main road in a midsized strip center. This business has not recovered from the COVID years and has cut back the restaurant section of the operation which has reduced the lease costs. This is a “key money” opportunity as the new owner is essentially buying a buildout location. It has the advantage of having a long history in the area with an excellent location.

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Property Features and Assets:

Square Units (Foot, Meter): 2,000


Facilities:Large space in a strip center

Market Competition and Expansion:

Competition: Pizzeria's are a commodity but a good pizzaman and cook can turn this location into a money maker.

Expansion: The space next door was a formal dining room used for large parties. It is still available if the new buyer wants to expand the business

Reason for Selling:

Retirement

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

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