Well established North Shore Pizzeria & Grill with a strong location and excellent growth potential. This business has a strong Brand and loyal customer base. This is Italian Style Brick Oven Pizza. They have been successful for years without advertising or offering delivery. The business enjoys a strong cash flow of $145,000 per year. Gross Sales and profit could be grown by opening for longer hours, adding delivery and advertising. Seller financing is Available for qualified Buyers.
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Property Features and Assets:
LOCATION: This is a strong Plaza location with good parking, excellent visibility and high traffic counts. FACILITY: The space is approximately 1,000 sq. ft. with a 26 person seating capacity. The space and equipment are in like new condition. PARKING: Dedicated Plaza Parking. EQUIPMENT: The equipment is in very good condition and has been well maintained and is of good quality. LEASE TERM: Ten (10) years remaining on the current lease, options are available. BASE RENT: $2,100 per month NNN. HOURS: 11:00 AM – 9:00 PM (Can be open much longer hours). SALES: Approximately $475,000 per year. CASH FLOW: Approximately $147,000 per year run semi absentee. ASKING PRICE: $212,000 (For the Business, Some Financing is Available for Qualified Buyers).
- 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.