Seller's Contact Information
- RE: Price Reduced - Famous Regional Pizza Brand
- Contact: Peter Rook
Quick Facts
| Asking Price: | $296,500 | |
| Annual Revenue: | $816,254 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $118,199 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 175,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1968 | |
| Employees: | 25 | |
| BBN Listing #: | 211063460 | |
| Broker Reference #: | 1110202-365617 |
Business Overview:
This profitable pizza restaurant is part of a Midwest Pizza Legendary brand. Originating in Iowa, this brand has over 50 years of profitable history. This family owned restaurant, located in Southern Illinois, has been in operation since the late 1960's. A 'LEGEND' in the community.
Hand crafted imported wheat, cheese and top choice meats are combined with authentic time aged and tested Italian sauces, to make the very best Pizza and Pasta dishes in the area. Customers come from miles around to dine in the gracious dining room watching the experts hand make their Pizza. Oven capacity of 64 pizza pies in the oven at one time, ensures a timely, pleasurable family dining occasion.
Each of the two meetings rooms hold 70 guests with audio visual and wet bar for private business meetings or group events.
Notice: Owners are looking for someone, BUYER, to perpetuate the mission and quality of the brand. 50 years of hard work for a small price. Seller is so confident of the continued success of the business that they will provide seller financing for up to 20% of the sales price for right buyer..
For more information, contact the listing agent Jeff Teismann with Transworld Business Advisors 636-239-0393 jteismann@tworld.com or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 365617
Real Estate available through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.
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.
Property Features and Assets:
Monthly Rent: $5,400.00 Square Units (Foot, Meter): 5,640 Lease Expiration Date: August 31, 2027, 12:00:00 AM Real Estate Available For Purchase Real Estate Asking Price: $649,000.00 FF&E Overview: 2 pizza ovens @ 32 pies one cook time.total pizza ovens capacity 64. Capacity FF&E General Condition: very good
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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