Business For Sale

Price Reduced! Pizza Shop & Italian Restaurant

Not Disclosed, OH
Cuyahoga County

Cuyahoga


Asking Price: Annual Revenue:
$230,000 $569,590

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Price Reduced! Pizza Shop & Italian Restaurant Broker: Bill White Jr.
Owner Financing is Available!
$23,000 down/$23,000 for 84 mos. @ 7%/Other Financing Some seller financing may be available for a qualified buyer.

Quick Facts

Asking Price: $230,000
Annual Revenue: $569,590
Net Profit: Not Disclosed
Cash Flow: $112,897
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 15
BBN Listing #: 87644955
Broker Reference #: 4301-13247

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Business Overview:

Price Reduced! Pizza Shop and Italian Restaurant! Family owned pizzeria in Middleburg Heights Ohio with delivery service. Fresh pasta, made from scratch pizza, calzones, subs and appetizers. Old world Italian with some modern chef inspired favorites. 4.5 star google rating, 4 star Yelp rating. Healthy sales increases yearly. This is not a franchise or chain, but the location would be perfect for one. Fully equipped kitchen for most use. Has a bar on premises serving Beer & Wine (liquor license included). Very high traffic location.

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Property Features and Assets:

End cap strip plaza location next to other main street style businesses. This is a high traffic location with good street visibility. 2,500+ square feet which has been recently renovated including a full kitchen. Assets = $67,000

Market Competition and Expansion:

Sales have been increasing steadily. New owner may want to invest in an available D3 liquor license to add to the existing D1 & D2 so that liquor can be sold as well as Beer and Wine. Owners have suggested a patio could be built. There is no reason this business shouldn't grow steadily over the next few years.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is not 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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