Italian Restaurant & Pizzeria-Brand New Turnkey

Levittown, PA
Bucks County

Bucks County


Asking Price: Annual Revenue:
$180,000 $517,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant & Pizzeria-Brand New Turnkey Broker: Stan Rubinstein
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $180,000
Annual Revenue: $517,000
Net Profit: $63,600
Cash Flow: $63,000
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 6
BBN Listing #: 14354405
Broker Reference #: PBA1969

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Business Overview:

A family owned and operated traditional neighborhood Italian restaurant BYOB and pizzeria located in the heart of Bucks County neighborhood. 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. Beautiful and tastefully decorated dining room and eat in pizzeria area with a developing loyal customer base. This restaurant has the newest and most current restaurant equipment in perfect condition and is a “must see” to understand the true inherent value. Quality food, excellent customer service in a gorgeous ambiance will always have its rewards and a new owner has unlimited potential to increase sales. The business has been in operation for 2.5 years at same location and is gaining traction in the neighborhood. The opportunity is ideal for an owner/operator who is seeking to be his/her own boss with a fully retro fitted brand-new restaurant. Ownership is willing to stay and train to assure a smooth and seamless transition.

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Property Features and Assets:

The business operates from a strip shopping center storefront in a mixed retail and residential neighborhood. The business is about 5,000 square feet. There is ample street parking for all customers in a paved parking lot. The sale is turnkey and includes all inventory, equipment and fixtures. The current inventory value is at least $115,000 and is INCLUDED IN THE SALE PRICE!

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. The opportunities for growth are limitless in the technology and social media arena. The development of an e commerce web-based site and mailing list, as well as a more aggressive marketing plan could instantly add value and increase revenues. The Owner does not advertise or use coupons and relies solely upon word of mouth and existing customer loyalty.

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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