Owner Financing is Available
Business Overview:
40 seat restaurant offering pizza, pasta, burgers, sandwiches, wings, etc. Dine-in or carry-out. Located on main highway through town with plenty of parking, great signage, access, and visibility. Location has been a restaurant for almost 20 Years! Shares parking lot with busy convenience store. Despite absentee ownership business is at break even. Pizza, pasta, and sandwiches are very high profit items once you cover your months cost (done). By working the business and expanding existing revenue streams an owner/operator has the potential to grow the business substantially. For instance: Current manager salary is $2,400 per month which could go immediately to the new owner/operator (more with spouse), expand and market pizza delivery, promote daily specials to the tremendous amount of foot traffic at the adjacent convenience store (or even a hot dog cart!), expand the pizza/pasta buffet, the possibilities are plentiful without adding any new products or services. Additional opportunities exist for increased business by marketing and promoting the business. Current owner has relied almost exclusively on word-of-mouth to expand the business (spends less than $100 a month on advertising). Focused marketing and advertising should produce near instant results. Equipment is all in very good condition. Lots of stainless steel. Owner purchased the business in August of 2008 with the intention of having a family member manage the business. It didn't happen and is no longer an option. Owner does not have the time or desire to operate the business himself and is now looking for someone willing and able to take the necessary steps to grow the business to its full potential. Owner now has no reason to keep business Make an Offer!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
1,440 square feet. Lovely decor.
Market Competition and Expansion:
The current owner has relied almost exclusively on word-of-mouth to expand the business. Focused marketing and advertising should produce near instant results.
Reason for Selling:
Absentee Owner
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.