Business For Sale

Family Pizza Shop on NE Philly Corner - 25 Years

Rhawnhurst, PA
Philadelphia County

Pennypack Park - Holmesburg Area


Asking Price: Annual Revenue:
$95,000 $572,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Family Pizza Shop on NE Philly Corner - 25 Years Broker: Stan Rubinstein
License #: RS342499
Owner Financing is Available!
Negotiable.

Quick Facts

Asking Price: $95,000
Annual Revenue: $572,000
Net Profit: $85,000
Cash Flow: $85,000
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 4
BBN Listing #: 205454405
Broker Reference #: PBA1961

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Business Overview:

A family owned and operated traditional neighborhood pizzeria located in the heart of Northeast Philadelphia. The business is committed to serving customers with the best quality food made from the freshest and finest ingredients utilizing “secret” recipes. This is a business which is primed for growth. Great corner location, long term customer good will and good quality food will always have its rewards and a new owner has unlimited potential to increase sales. The business has been in operation for 25 years at same location and is firmly established. The opportunity is ideal for an owner/operator who is seeking a steady and reliable cash flow with a quick return on investment. Ownership is willing to stay and train to assure a smooth and seamless transition.

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Property Features and Assets:

The restaurant is predominantly take out and delivery, which means it can be operated with very little overhead costs. The menu features any type pizza, pasta, salads and more. Orders can be placed on line and delivery is fast.

Market Competition and Expansion:

The current Business Owner spends NO money on advertising. The Owner is “old school” and therefore has not utilized any of the current marketing tools available such as Twitter, Facebook, Snapchat, Instagram and other social media platforms. A more aggressive marketing plan could instantly add value and increase revenues. The Owner does not advertise or use coupons or mailers and relies solely upon word of mouth and existing customer loyalty. It should also be noted that the owner has spent nothing to renovate or remodel the interior or exterior. The business would absolutely be improved with a small investment in fresh clean interior fit out and some new outdoor signage.

Reason for Selling:

Retirement

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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