Covid Resistant Profitable Authentic Pizzeria

Raleigh, NC
Wake County

Asking Price: Annual Revenue:
$225,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Covid Resistant Profitable Authentic Pizzeria Broker: George Bradbury
Owner Financing is Available!

Quick Facts

Asking Price: $225,000
Annual Revenue: $600,000
Net Profit: $90,000
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: $27,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 8
BBN Listing #: 58066351
Broker Reference #: PIZZA5 *716*

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Business Overview:

Business Description:
This restaurant is conveniently located off a busy highway in a very active shopping center in Raleigh, NC. Their menu includes authentic New York pizzas, calzones, Italian subs and pastas. They opened 10 years ago with just family members and as the business has grown they have added more staff. The owners have 70 years combined experience making delicious Italian specialty dishes. Sales have been consistent for the last few years, but during Covid-19 revenue increased over $1,000 per week.

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Property Features and Assets:

Historical Summary: This location has been historically a very successful for a pizzeria. There has been an Italian restaurant in the same place for almost 30 years.

Market Competition and Expansion:

Competition: There are the usual chain pizza places in their market, but no authentic Italian restaurants. Potential Growth: The restaurant currently does not use online ordering. It is felt the online ordering would increase sales for the customers that prefer it and would increase efficiency lowering costs. Currently the restaurant only uses their own drivers, using delivery apps would increase their appeal to a broader customer base.

Reason for Selling:

The owner is retiring.

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.

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