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- RE: Pizza Restaurant - Highly Profitable!
- Contact: Aaron Muller
Quick Facts
Asking Price: | $950,000 | |
Annual Revenue: | $2,384,089 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $267,342 | |
Total Debt: | Not Disclosed | |
FF&E: | $331,110 | |
Real Estate: | Not Disclosed | |
Year Established: | 1993 | |
Employees: | 27 | |
BBN Listing #: | 993401 | |
Broker Reference #: | 13609226 |
Business Overview:
Established since 1993, this is one of the most successful and profitable pizza restaurants in King County, WA. It is not a franchise. The revenue breakdown is approximately 41% dine in, 32% take out, 14% third-party delivery, and 13% catering and others. The owner works approximately 30 to 40 hours a week. The owner’s job duties include marketing, booking catering jobs, delivery of catering orders, and general accounting and administration. There is a general manager who handles hiring and employee management. Staffing consists of 2 managers, 10 chefs / cooks, 1 dishwasher, 1 cashier, and 13 servers. After many years of owning the business, the owner is ready to retire. This is a rare opportunity to acquire a well-run, highly profitable pizza restaurant and grow it to the next level.
Contact the Seller:
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Property Features and Assets:
The restaurant is located in a prime location in King County, WA. It is highly visible and gets a lot of foot traffic. The restaurant itself is 1,879 square feet. More details can be shared after completing the NDA and passing the broker’s buyer qualification process.
Market Competition and Expansion:
This restaurant has a great reputation, receiving lots of glowing reviews online as well as being featured in national and local media. The location is excellent and gets lots of foot traffic. The restaurant is well-run and profitable, having demonstrated consistent revenues and profits year after year.Â
At retirement age, the owner has not been spending the time and energy to actively grow the business. A new owner with fresh energy can focus on marketing and grow this business to the next level.
Reason for Selling:
RetirementAdditional 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
Relevant Links:
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