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- RE: Profitable Italian Style Pizzeria In Downtown Loc.
- Contact: Kip Hargreaves
Quick Facts
Asking Price: | $135,000 | |
Annual Revenue: | $297,079 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $62,106 | |
Total Debt: | Not Disclosed | |
FF&E: | $40,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 2 | |
BBN Listing #: | 416762860 | |
Broker Reference #: | 12821-104016 |
Business Overview:
Here is a profitable Italian Restaurant on a Main Street in Bristol County. The restaurant offers a wide variety of Italian dishes including gourmet sandwiches, soups, salads , and take-home dinners. This is a well known establishment in the area for (6) years with an outstanding reputation for innovative dishes and a great quality of food. It comes with a loyal clientele, a fully outfitted kitchen in immaculate condition with special attention to keep the restaurant in superior condition. This appealing and inviting space is approximately (1,400) square feet and rents for the low price of $1,200 per month. The business generates over $350,000 in annual sales and has tremendous opportunity for growth with additional hours and staff.
This business was established over (6) years ago and is family-operated with the addition of (2) part time employees.
There are other competitors in the area but this business is well known and consistently busy.
There is substantial opportunity for growth to increase sales with the addition of staff and labor hours. An additional (2) hours per week, by opening at 11am, should increase business by 30-40%.
Located in a small multi-tenant strip mall with plenty of off street parking.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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