Pizza & Italian Cuisine Restaurant

Not Disclosed, WA
Pierce County

Asking Price: Annual Revenue:
$295,000 $735,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizza & Italian Cuisine Restaurant Broker: Oliver Kotelnikov
Owner Financing is Available!
The seller will finance $145,000 of the transaction for a qualified buyer.

Quick Facts

Asking Price: $295,000
Annual Revenue: $735,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 667635781
Broker Reference #: PI2019

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Business Overview:

his pizza and Italian cuisine restaurant has been a favorite local gathering spot for lunch, dinner and cocktails for many years. In addition to wood fired pizza and other staples of Italian cuisine, the menu features standard pub fare with an authentic flare inspired by the owner’s family heritage and extensive culinary experience.
The outstanding customer service and dining experience are complemented by a full bar and a rotating selection of microbrews. Seating capacity of up to 115 guests comfortably accommodates weeknight dinner service and busy weekends. Significant additional revenue is generated through partnerships with mobile food delivery vendors and by providing catering services. Revenues from Uber and GrubHub exceeded $120,000 in calendar year 2018.

The business is located in a rapidly growing bedroom community. The increasing need for fast, local and convenient dining options is fueled by the close proximity of a densely populated, expanding residential core. The restaurant is located on a busy street with available on-site parking. Occupying 2831 square feet of space, the business pays the landlord $6483.42 per month in rent including NNN and is currently in the 3rd year of its 5 year lease term.

The business is staffed by 15-20 part time employees depending on the season. Majority of the staff are paid between $12-$13 per hour. The restaurant employs a kitchen and a dining room manager, each of whom are compensated at a rate of $17-$18 per hour. The owner presently contributes 1-1.5 FTE to the labor of the business by splitting his time between kitchen and managerial duties.

The lead business broker for this company at IBA is Oliver Kotelnikov. Contact Mr. Kotelnikov can be contacted or email us.

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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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