Business For Sale

Profitable Pizza Business, Self-Standing Bldg Seat

Seattle, WA
King County

Very established location, turnkey pizza place.


Asking Price: Annual Revenue:
$169,000 $503,217

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Pizza Business, Self-Standing Bldg Seat Broker: David Smith
Owner Financing is Available!
70% down, strictly case by case basis

Quick Facts

Asking Price: $169,000
Annual Revenue: $503,217
Net Profit: $1
Cash Flow: $1
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 8
BBN Listing #: 856551531
Broker Reference #: ds/amasea

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Business Overview:

Very established location, turnkey pizza place. Full kitchen with type 1 hood, deep fryers, pizza ovens, and walk-in refrigeration. So you can bring on any food concept. There is no competition in this neighborhood, you can change the food concept to Chinese or Thai food or Italian or Indian or Mexican cuisine this neighborhood is wide open to pretty much any cuisine change as there is no competition. Or keep this as is, and that is a profitable pizza business that did over a half a million dollars in sales last year. Besides the complete kitchen, this restaurant offers a spacious dining area with a seating capacity of 112. Even a private banquet room. Which stays very busy with all types of gatherings, like office meetings, sport team celebrations or memorable family events. There is plenty of parking for about 30 plus. Total square footage is 3500 so lots of room to do or offer lots of stuff. Could bring in live entertainment or karaoke. Also for such a big space, the lease is very favorable only around $5,500 per month. Lots of time left on the lease and has options to keep it going. I like a that!! Another money-making idea is new owner could add is a full bar or lounge as there is definitely the space to do it and this neighborhood is filled with apartment and condo type housing units. So there are lots of people to cater to. I do think it is safe to say that pizza is also a good food fit with a bar or lounge. Currently just serves wine and beer. More than sixty percent of the sales are dinnertime sales. Little or no effort has been made to go after catering accounts if the new owner were to aggressively pursue catering perhaps annual sales could reach $650,000 or even push $700,000... Now that is a lot of dough!! And you don’t need to be a trained chef. This is pizza and pasta, the profit margins on pizza and pasta are still very good. So if you are looking for a turnkey restaurant with lots of space, that’s making a lot of dough, has a great lease it’s all here to give us a call.

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Property Features and Assets:

The base lease is $4,375 with a triple net of $1,163. The lease is assignable and has 2 Five year options to renew. The restaurant has 3500 square feet and 112 on the seating capacity. Has a private banquet room. Lots of parking, 30 plus spaces. Full kitchen with type 1 hood, deep fryers, pizza ovens, and walk-in refrigeration. Has a private office and lots of storage space.

Market Competition and Expansion:

No competition in the neighborhood so you have pretty much have a captive customer base. The restaurant is already profitable but ways to expand are you could bring in live entertainment or karaoke. A money-making idea is new owner could add is a full bar or lounge as there is definitely the space to do it and this neighborhood is filled with apartment and condo type housing units. So there is lots of people to cater to. Pizza is a perfect bar food too. There is lots of space, no competition bring your ideas.

Reason for Selling:

The owner has to move out of the state

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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