Absentee-Owner Gourmet Pizza & Italian W/following

Alexandria, VA
Alexandria City County


Asking Price: Annual Revenue:
$49,999 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Absentee-Owner Gourmet Pizza & Italian W/following Broker: Sara Martinez

Quick Facts

Asking Price: $49,999
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $89,939
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 409149765
Broker Reference #: 77441-697759

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Business Overview:

This high-visibility restaurant has long been a destination and neighborhood favorite with locals - it continues to enjoy a following as a gourmet take-out option for pizza and all Italian cuisine favorites. Purchased in 2019 as a decades-old chef-owned establishment, the new owner invested in a complete turn around, nearly doubling sales and converting the business model to absentee ownership. Owner has refrained from applying for PPP or other SBA loans so that new owner can take advantage of those opportunities.

Owner has an unrelated full-time job and is looking for a quick sale of this business. SDE listed represents estimated earnings based on available data for 2020. Bring offers!

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Reason for Selling:

Other job.

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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