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- RE: Mansfield-nets 550K Gorgeous Pizza Pub
- Contact: Bob Cioffi
Quick Facts
Asking Price: | $1,400,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | $550,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 50 | |
BBN Listing #: | 951794 | |
Broker Reference #: | BC90 |
Business Overview:
Greater Mansfield Area~ Turnkey gorgeous PIZZA PUB-just upgraded, NEW!
SELLING PRICE: $1.4 million… SBA bankable for 10yr term/ only 10% down
SALES VOLUME; $65,000 to $70,000 week.TAKE OUT: 25%
LEASE: $12,000 per month (includes RE taxes). The seller will give as many years as you like.
SQUARE FOOTAGE: 8,000 square feet plus cellar
HOURS OF OPERATION: 6 days; 11.30-1am/ closed Sundays
SEATING: 180 inside (bar seats 45)(function rm seats 40)
Estimated Annual Net Profit: $550,000/year… verifiable
COMMENTS:
Free-standing, beautifully built out PIZZA PUB with full menu, 2 kitchen lines, pool tables and amusement room (nets $1,200 /month plus KENO nets $50,000/ year with 3 rentals upstairs at $700 each/ month. Available fordebt service is approx. $90,000/ year). Huge gorgeous bar,14 years in operation, well known, plenty of parking. This restaurant has it all… plus, open on Sundays, you easily generate another $10,000 to $15,000/ day. Go after catering, Kitchen can handle any amount of business, easily a $4 to $5 million + location. Prints money. The owner has a great chef, manager and supervisor, fully trained staff and is totally turnkey.This my friends will not last, Multiple sources of income, profitable restaurant, fabulous following, immaculate in and out! Contact Bob through reply to this ad button.
We show it with notice at 9am weekdays.
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Property Features and Assets:
Free Standing, main state road. Plenty of parking.Restaurant and bars seats180/ has 2 game rooms, multiple sources of income.2 separate kitchen lines/ separate pizza area, plenty of storage. Great kitchen, can do anything.
Market Competition and Expansion:
Absolutely nothing quite tyhis complete anywhere near this facility. Great reputation and 14 successful years in business
Reason for Selling:
personal reasonsAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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