Downtown Grand Rapids Area Pizza Shop For Sale!

Grand Rapids, MI
Kent County

Downtown Grand Rapids


Asking Price: Annual Revenue:
$229,900 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Downtown Grand Rapids Area Pizza Shop For Sale! Broker: Rob Anderson
License #: 6501395367
Owner Financing is Available!
SUBJECT TO CREDIT APPROVAL

Quick Facts

Asking Price: $229,900
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 7
BBN Listing #: 920460403
Broker Reference #: 2019-15

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Business Overview:

Business Description

Historic Downtown Grand Rapids Pizza Shoppe located near Mercy Health Hospital! The owners have updated the business the business is growing in sales every week. The owners are focusing on their other business ventures and are looking to find the right person to continue this amazing location and opportunity.

The locations are in key high traffic locations within a major West Michigan city.
The staff is willing to stay with the new owners, and the present owners are willing to support and train the new owners!
This is a rare opportunity and a must-see opportunity for the right person or company! This business is profitable with low overhead!

Detailed Information
Asking Price: Accepting Offers! Asking $229,000.00
Gross Revenue: $10,000.00 +/- per week!
Established: Operating for over 15 years!
Inventory: The Inventory varies based on business and catering requirements.
Real Estate: The real estate is leased, on a long-term basis.
Building SF: 5,000 square feet
Employees: 5+ full and part-time, very little turnover, a loyal employee base!
Facilities: Exceptional condition at all facilities and updated to meet all requirements.
Competition: Multiple restaurants in the downtown Grand Rapids Area.
Growth & Expansion: Current owner is making many changes to improve business and sales. Addition of a liquor license.
Support & Training: Owners want to ensure success for the new owner and are willing to support and train the new owners.
Reason for Selling: pursue another opportunity out of the area.

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Market Competition and Expansion:

MARKET CONDITIONS ARE EXCELLENT, AS THE BUSINESS IS LOCATED IN A HIGH RESIDENTIAL AREA, NEAR A MAJOR HOSPITAL IN DOWNTOWN GRAND RAPIDS

Reason for Selling:

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.

Documents:

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