Business for Sale Overview:
College Pizzeria
Location: Williamsburg, Virginia
Voted Best Pizza by the students of the College of William and Mary; the pizzeria is a favorite eatery just one block from campus. By far, its reputation, quality service and quality food have enabled it to be eagerly sought after by a students and locals alike. Located in the heart of historic Williamsburg, the restaurant is within easy walking distance of the college campus, Merchant Square and Colonial Williamsburg.
Attractively furnished, it was opened by the seller in the fall of 2007 with new equipment. The menu features an assortment of pizzas, rolls, calzones, buffalo wings, cheese fries and more for eat in or delivery. It offers inside (32) seating, and outdoor dining with plenty of parking. A long term lease is in place with options.
An experienced operator can take this business to a new level with a marketing program. In addition, the business originally had an onsite ABC license that was not renewed in early 2008. Greater revenue is possible if the ABC license is reinitiated.
Out of town absentee seller is not active in the business. Highly competent manager is in place who is willing to continue with new owner.
Purchase Price: $79,995
Gross Revenues: $115,309
Cash Flow: $39,226
FF&E: $45,000 (included in asking price)
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.
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.