Pizza Shop

Not Disclosed, PA

Asking Price: Annual Revenue:
$599,900 $925,487

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Pizza Shop Broker: Jack Greenawalt Jr.

Quick Facts

Asking Price: $599,900
Annual Revenue: $925,487
Net Profit: Not Disclosed
Cash Flow: $460,992
Total Debt: Not Disclosed
FF&E: $69,246
Real Estate: Not Disclosed
Year Established: 1998
Employees: 8
BBN Listing #: 96464955
Broker Reference #: 2602-16249

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Business Overview:

This busy Pizza Shop is in an ideal location on a vibrant thoroughfare between two towns. The owner thinks one of the keys to their success is the relationships they have established with their customers. They value their customers and have a consistent customer base, who continued to visit and support them during the pandemic. As a result, in 2020 they have continued to do very well. The menu includes various sandwiches and Italian items. They also have a few Mexican dishes on the menu. All the equipment is included in the sale. This is a turn-key opportunity, and everything needed to continue the success of this business will remain in place for the new motivated owner.

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Property Features and Assets:

The Pizza Shop is approximately 2,000 square feet, not including a dry storage area and walk-in freezer. There is an outdoor seating area with approximately nine tables for customer seating for 36 people. The seating inside is for 58 people. The Pizza Shop occupies space in a standalone strip center that includes two commercial locations. The building is owned by the seller, and he is looking to lease the Pizza Shop to the new owner for $3,000 per month rent. Assets = $101,715.

Market Competition and Expansion:

Of course, there is some competition in the food business, however the closest Pizza Shop is four to five miles away from this location. In light of the busyness of the Pizza Shop, the owner estimates there is a great potential for growth. Three ideas for growth: 1. Develop online ordering 2. Increase sales by adding delivery to the surrounding area 3. Expand or enclose the outdoor seating area

Reason for Selling:

The owner wants to retire.

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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