Business For Sale

Well Established Pizzeria and Bar in Grand Rapids

Grand Rapids, MI
Kent County


Asking Price: Annual Revenue:
$325,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well Established Pizzeria and Bar in Grand Rapids Broker: Danielle Lopez

Quick Facts

Asking Price: $325,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1967
Employees: 20
BBN Listing #: 116955990
Broker Reference #: Not Disclosed

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Business Overview:

Well Established Pizzeria and Bar in Grand Rapids

Established in 1967, Russo's Pizzeria has become a household name in West Michigan.

For the first time in decades, Russo's Pizzeria and Grille is finally up for grabs.

With recipes that go as far back and far away as the old country, there is a reason this food has become a longtime family tradition.

This business features a full service bar and menu, as well as a take out beer/wine license and catering menu.

Whether you are a business owner looking to add another successful and popular business to your portfolio or a first time business owner looking for the right venture to jump into, this business is ready for you to take over.

Due to the confidentiality of the sellers, we do ask that all interested parties contact the broker to receive a confidentiality agreement. Should you visit the business, please respect the sellers by visiting only as patrons and leaving all discussions and questions for the broker.

Competition/growth:

Sure there are other pizza restaurants in town, but they are not Russo's Pizza. Continuing the marketing that is already in place, plus adding your ideas should continue the yearly growth pattern that is already being seen at this pizzeria.

Employees:

Currently there are 20 employee's plus the two owners that run the business. The owners are more than willing to train the new owner to help make the transition seamless. Since each buyer has different skillsets, the specifics on training can be negotiated based on their needs.

Reason for sale:

Retirement, getting out of the business.

Included in sale:

All Fixtures, Furniture and Equipment as well as the SDM and Class C Liquor License is included in the sale. Inventory is separate and ranges between $15,000-$20,000.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retiring

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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