Profitable Absentee Owned Pizza Restaurant

Charles Town, WV
Jefferson County

MRB VA 1187


Asking Price: Annual Revenue:
$299,000 $900,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Absentee Owned Pizza Restaurant Broker: Sam Saa

Quick Facts

Asking Price: $299,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $140,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 17
BBN Listing #: 830126586
Broker Reference #: MRB VA 1187

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Business Overview:

Profitable high volume pizza restaurant located in a popular shopping center in West Virginia. This pizza restaurant was established in 2011 and has a huge following in the local community and surrounding demographics.
Extremely low rent and high sales brings the ABSENTEE owner an average of $140,000 per year in profit. With a new hands on owner to watch day to day operations profits can easily be increased drastically. The current owner has been in the business for over 30 years and is ready to retire.
Turn key restaurant.
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Property Features and Assets:

Rent: $2,500 Term: 5 years with 5 year option Size: 1,800sf Seats: 10 Established: 2011 Employees: 11 full time / 6 part time All furniture, fixtures and equipment included.

Market Competition and Expansion:

With a new hands on owner to watch day to day operations profits can easily be increased drastically.

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.

Documents:

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