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- RE: Pizza Restaurant – 20 Years
- Contact: Greg Wills
Quick Facts
Asking Price: | $495,000 | |
Annual Revenue: | $1,335,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $190,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $68,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 24 | |
BBN Listing #: | 943615 | |
Broker Reference #: | 202402 |
Business Overview:
This well-known, family-owned and profitable pizza restaurant is ready for a new owner to take it to the next level. Located on a major, high-traffic road near Englewood, this beautifully appointed restaurant has a total seating capacity of 132, and for 20+ years has provided customers with great food and exceptional service. In addition to pizza, they offer pastas, calzones, paninis, salads and desserts. With a full hotel liquor license, they serve beer, wine and cocktails. Open seven days of the week, the restaurant has an inviting décor, a lovely patio and has become the “go to” pizza place in the area.
Total Seating: 132
Inside Seating: 102
Patio Seating: 30
Leveraging the recent dining trend, the restaurant offers fast casual service. With ample parking, a beautiful and spacious dining area and patio, consistent food and great service, they have achieved outstanding social media ratings on Google and Yelp.
The company has an impressive sales trendline, clean books, well-maintained assets and includes approximately $68,000 in FF&E and $12,000 in inventory. Current owners are ready to retire. Full prospectus available with signed non-disclosure agreement.
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Property Features and Assets:
3,400 square feet leased space.
Market Competition and Expansion:
Competition: Like all restaurants, there is competition. However, this establishment enjoys a unique niche combined with an ideal location that draws consistent customer flow year after year.
Growth and Expansion: The company has been growing each year as is. However, there are plenty of additional growth opportunities including in-house delivery service, expanding menu and growing catering business.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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