Business Overview:
Established Pizzeria & Grill with excellent rent rate and strong cash flow. This is a clean and attractive shop that runs very efficiently. The shop is currently grossing $24,000 per week with a net profit of $260,000 per year. The owner is selling due to a divorce all of the help is willing to stay. This is a great opportunity.
Lease Term: Seventeen (17) years remaining on the current lease.
Base Rent: $1,541 per month (Way below market)
Concept: Pizzeria & Grill
Seating: There is seating for 22 patrons inside and additional seating outside
Hours: 11:00 AM – 2:30 AM
Licenses: Common Victullars.
Sales: Approximately $1,248,000
Cash Flow: Approximately $260,000
Asking Price: $497,000 (For the business).
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The space is approximately 2,100 square feet with a 22 person seating capacity. The space has a very functional layout and design.
Reason for Selling:
Divorce
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.