Pizza Shop - Giveaway Price Phenomenal Location

Seattle, WA
King County

Seattle very high traffic area


Asking Price: Annual Revenue:
$39,000 $85,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Pizza Shop - Giveaway Price Phenomenal Location Broker: Becky Smith

Quick Facts

Asking Price: $39,000
Annual Revenue: $85,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 2
BBN Listing #: 311251531
Broker Reference #: ubnpzzsea

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Business Overview:

Currently, only open 25 hours a week but make NO mistake this is a money location. Great high traffic location. In the pizza and business broker world, this is what we call a “CAN'T-MISS LOCATION.” A new owner who takes over this space is sure to make a lot of dough ($$$)!! A very densely populated area, lots of businesses and residential homes to cater to (just lots of people and traffic even well into the night). Currently closed Mondays and Tuesdays and even when open the operating hours are 4 PM to 9 PM (do the math that’s only 5 hours open a day 5 days a week) No lunch money sales and even the evening pizza sales are curtailed a little bit. So lots of money is being left on the table for a new owner to come in and scoop up. Another good piece of pizza knowledge to know is you do not need to be a trained chef to make great pizza pies so the training, learning, and transition time of taking over is quite simple and quick for you, employees and managers. The profit margins on pizza are still quite high just pennies on the dollar to make. As a matter of fact, many pizza places make more money than many of the fancy restaurants without all the overhead costs. Pizza businesses lend themselves well to absentee or semi-absentee ownership. The asking price of this business is a give-away asking price at only $39,000...You can come in and start making money right away and at this price point, $39,000 most small businesses that are for sale can’t make that claim. This is a nonfranchise pizza business so you can be creative on the menu or décor. The current menu’s great recipes are all included as part of the sale. Nonfranchise also means no extra fees, royalties, or restrictions to deal with. Currently serves pizza, pasta, grinders, calzones, salads, and multiple dessert choices. Has a stovetop but NO type 1 hood system in the kitchen. 990 square feet with a few indoor dining seats but mostly this is a delivery and pickup set up. Has own delivery drivers and 3rd party delivery service. Does have an outdoor patio area that with a little TLC (tender loving care) could be a big added money bonus for you. Signage and visibility are very good. No marketing or advertising is or has been done so here’s another way to increase the pizza profits. The lease is reasonably priced with lots of life left on it. This pizza business has all the good toppings from give away purchase price, very high traffic can’t miss location, reasonable lease, simple business to learn and transition into. It’s all here this business should sell fast.

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Property Features and Assets:

The monthly lease is $3,818 this includes the triple net costs of water, garbage, and electricity. The current lease expires in 2023 and has a 5-year option to renew the lease. 990 square feet, no type 1 hood, and walk-in refrigeration need a little TLC. Has a few indoor dining seats but mostly a pickup and delivery setup. Does have an outdoor patio area that could be a big added money bonus for you. Signage and visibility are very good. Plenty of free parking. Phenomenal high traffic “CAN'T-MISS LOCATION.”

Market Competition and Expansion:

Lot’s of solid tangible ways to increase the profits here: The current owner is closed on Monday & Tuesdays and the rest of the week operating hours are 4 PM to 9 PM (just 5 hours a day) so lunch sales are being missed out on and evening pizza sales are also curtailed as this area is busy well into the evening. No marketing or advertising is or has been done so here’s another way to increase the pizza profits. This is not a franchise so you can alter the menu or décor. Lots of creative freedom and create your own brand.

Reason for Selling:

Seller wants to pursue other interests

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 a franchise resale opportunity.

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