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- RE: Fully Equipped Pizza Place Downtown Location
- Contact: David Smith
Quick Facts
| Asking Price: | $230,000 | |
| Annual Revenue: | $400,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2024 | |
| Employees: | 6 | |
| BBN Listing #: | 1003641 | |
| Broker Reference #: | SMMOSP |
Business Overview:
Established, fully equipped pizza restaurant that comes with all the bells and whistles. Offers a fully equipped kitchen with a type 1 hood system in place and walk-in refrigeration for your convenience.
Located downtown, where there are nearby hotels, businesses, nightlife, and lots of traffic, both auto and foot, to cater to. With the 4,500 square feet, seating for 65, and a full bar, the possibilities are many.
This is not a franchise, so you are large and in charge. Very limited full-dining pizza concept competition nearby. So you can dominate this whole downtown pizza pie ($$$) to yourself. The monthly lease here is attractive, with a lot of time left on it.
The current owner is an absentee most of the time, as he has two other businesses in western Washington. So, maintaining this pizza place long-distance is very challenging and is the reason for selling this business. Because the seller has two other pizza locations, this business name and website are NOT included in the purchase price. The seller is willing to offer all the training to you to keep you in the dough ($$$).
But if a new owner could be part of the daily activities here, there could be a lot more profits in your pockets. As labor costs go down, promotions, catering, and customer service would all go up. An owner-operator would more likely offer nightly events like karaoke or other live entertainment. Perhaps approach these nearby hotels and offer deals for them to refer customers to your pizzeria.
This pizza concept and menu is very simple to learn and transition into for investors, owners, and employees to learn and transition into, and pizza still has very good profit margins. Come on by and try a slice, and let’s talk.
Contact the Seller:
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Property Features and Assets:
The monthly lease is $4,300, and the lease expires in 2033, and does have an option to extend. Size is 4,500 SQ FT, seating for 65, has a full bar, type 1 hood, and walk-in refrigeration. Has a wood stone, wood fire pizza oven. Street parking is available, with free parking in the evenings and on Sundays.
Market Competition and Expansion:
The current owner is absent from the day-to-day activities here as he has two other pizza restaurants in Western Washington. So an owner operator here would see a big increase in sales. Almost everyone loves pizza, and it is the perfect finger food for catering, office meetings, parties, and other festive events. This restaurant just needs an owner who is able to reach out. If a pizza restaurant is run properly, it is common that they can make more money than the fancy restaurants at a fraction of the cost. Many pizza restaurants do over a million dollars in sales annually. Very limited full-dining pizza concept competition nearby.
Reason for Selling:
Seller wants to downsize. Kindly ask the seller for more information.
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
Relevant Links:
- View more Washington businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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