Well Established Pizza Parlor and Eatery

Not Disclosed, Nova Scotia

Asking Price: Annual Revenue:
$775,000 $514,535

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Well Established Pizza Parlor and Eatery Broker: Dan Murphy

Quick Facts

Asking Price: $775,000
Annual Revenue: $514,535
Net Profit: Not Disclosed
Cash Flow: $92,616
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 6
BBN Listing #: 31504955
Broker Reference #: 9201-15191

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Business Overview:

Well-established fast food restaurant providing eat-in and delivery service since 1994, serving its local area. Providing mostly Pizza, Donairs, Seafood, and Subs.

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Property Features and Assets:

The restaurant is located in its own building on a very busy main road with steady traffic, which is particularly busy during morning and evening commutes and near to two schools. The building is partially occupied on the main floor by the restaurant, with additional space to expand or availability for a new tenant. The basement is also available for rent. Both of these additional spaces have been rented in the past but are currently unoccupied. The restaurant is fully equipped and the building has recently been renovated with new electrical and roofing. Assets=$698,000.

Market Competition and Expansion:

Marketing is through local newspapers, the website, Facebook, yellow pages and word of mouth. The restaurant is rated 4.5 out of 5 on Trip Advisor, #53 of 236 restaurants in its area and 4.5 stars on Google Reviews. The restaurant competes in a busy market but stands out due to its location, years of service and the quality and diversity of its food offering. The greatest potential for growth is through expanding hours to lunch service, introduce a liquor license and grow the in-house sales.

Reason for Selling:

The owners are looking to retire.

Additional Details:

  • The property is owned.
  • 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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