Seller's Contact Information
- RE: Iconic Outlandish Pizza Opportunity
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $299,000 | |
Annual Revenue: | $1,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $250,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 375,000 | |
Real Estate: | $0 | |
Year Established: | 1978 | |
Employees: | Not Disclosed | |
BBN Listing #: | 848233937 | |
Broker Reference #: | HRTFRD PIZZA |
Business Overview:
This money making historic local gem has been a cornerstone of the community for an incredible 40 years. Not just known for their pizza but also a popular full menu offering appetizers, pasta, grinders, Italian specialties, and more delectable items. Hosting well attended numerous dance parties monthly with live music is money making arm of this restaurant as well. An opportunity like this which has been long established, with a great rent, even better asking price making this kind of money is rare indeed act now to take advantage of a home-run find like this.
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Property Features and Assets:
4,000 historic square feet, a mere $6,500 rent (incredible 7% rent factor), 80 booming dining seats, 100 money making party room seats, established 40 celebrated years, open 7 profitable days 11:00 to 9:00, high traffic 4 corner location, impressive 10-14 cases hard mozzarella a week, full basement, new decorative canopies and windows, upside potential, highly acclaimed
Market Competition and Expansion:
Competition: This has been the go to place for decades Growth & Expansion: Hosting more dance parties and instituting happy hour will exponentially increase revenue
Reason for Selling:
Retiring & health.
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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