852466-BK AWESOME Pizza & Italian Tavern All New!

Not Disclosed, VA


Asking Price: Annual Revenue:
$299,000 $600,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 852466-BK AWESOME Pizza & Italian Tavern All New! Broker: Bill Kelly

Quick Facts

Asking Price: $299,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 10
BBN Listing #: 943843891
Broker Reference #: 9525-852466

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Business Overview:

Don't miss this opportunity to own this ABSENTEE OWNER upscale Pizza & Italian restaurant in a very desirable location. Recently renovated with great kitchen and gas fired brick pizza oven, new granite bar and furnishing.
Restaurant includes approximately 20 indoor table tops and 20 bar seats, plus a nice outdoor deck with approximately 10 tables and trellis with lighting, Includes new POS & camera system, and has multiple delivery systems in place.
2019 Sales:$600,000+
Free Cash Flow: $75,000+

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Property Features and Assets:

Owners are experienced restaurateurs with multiple units under management. They opened this and two other restaurants a year ago. This location is doing well with over $600,000 in first year sales however, they feel they are stretched to thin and have decided to sell this location and recently sold another. This is a great location. .

Market Competition and Expansion:

Fast baking time, with gas-fired Pizza along with extensive menu items, and a tap system of 24 different brewed suds. Potential Growth: This would be a perfect opportunely for a new owner operator. Excellent location close to college and popular shopping area. Great potential to expand carry out, delivery, and catering business.

Reason for Selling:

Retiring

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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