First Family of Pizza, after 39+ years, the family

Not Disclosed, MI
Grand Traverse County

First Family of Pizza in GT County


Asking Price: Annual Revenue:
$375,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: First Family of Pizza, after 39+ years, the family Broker: William Malek

Quick Facts

Asking Price: $375,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $84,000
Total Debt: Not Disclosed
FF&E: $54,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 15
BBN Listing #: 555756932
Broker Reference #: 201214

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Business Overview:

First Family of Pizza, after 39+ years, the family is ready to retire from the Pizza business. All the awards are in, and with several family members already retired, the rest are preparing for new adventures. Sales have been on an annual increase and are projected to increase in the pandemic's face in 2020.

As a traditional pizzeria, the Company offers a classic menu with multiple specialty pizzas.
Located in a prime area, the Business offers dine-in pre-COVID, carry out, and third-party delivery services.

This Pizzeria is in a very competitive market, and its success is due to the superior product. New owners would be wise not to make any changes to the menu.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The Sale will be an Asset purchase that includes all of the Companies assets, less the Cash and Cash Equivalents.

Market Competition and Expansion:

This Pizzeria is in a very competitive market, and its success is due to the superior product. New owners would be wise not to make any changes to the menu.

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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