Semi-Absentee Owned Pizzeria And Wine Bar - SC2203

Business Overview:

Semi-Absentee Owned Award-Winning Pizzeria and Wine Bar - SC2203

Financial Information
Asking Price: $389,000
Cash Flow: $60,000
Gross Revenue: $2,000,000
Down Payment: $389,000

This Northern California based Pizzeria and Wine Bar is a California Limited Liability Company and has been in operation for the past 19 years under current ownership. This restaurant was one of the top 100 restaurants in the Bay Area for 7 years! Their food is created from fresh, organic, locally sourced seasonal ingredients. They have a Tuscan wood-burning oven that gives a true Neapolitan style of crisp, yeasty wood fired pizza. They have a Type 41 Beer & Wine license, and their wine bar boasts over 100 wines from around the world to pair with what some say is the best pizza in Northern California. It is not just pizza, but they have a full menu of truly authentic Italian countryside dishes. This restaurant partners with 40 local farmers and ranchers to provide ingredients of unimaginable quality. This restaurant has sponsored several of their staff members through their first levels of the Master Sommelier Program and pride themselves on not only educating the staff but educating the customer base on wines as well.

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Property Features and Assets:

Business Location
City: Northern California
State: California

Reason for Sale
The reason for selling is the Seller would like to pursue other interests.

Detailed information
Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 20
Part-Time Employees: 8
Contractors: N/A
Owner Worked Hours/w: 15
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $15,000
Monthly Rent: $8,300
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 3,700 Square Feet
FF&E Included?: Yes
FF&E Value: $250,000

Market Competition and Expansion:

Market Outlook/Competition
The pizzeria market is poised to continue its growth over the next few years. North America’s pizza market is set to grow by 6.11% and $51.38 billion. How big of an impact does the Independent Pizzeria Market have on those figures? Estimates vary widely from 40% to 60% represent independent pizzerias. Pizza Today classifies independent pizzerias as pizzerias not under a franchise or license agreement with nine or fewer units. The Indie Pizza Market is thriving in the U.S. post-pandemic.

Training/Support
The Seller is willing to provide training for 4 weeks at 30 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.

CA 02100708
NV 1003039

Reason for Selling:

The reason for selling is the Seller would like to pursue other interests.

Additional Details:

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