Local favorite restaurant with Old World authentic

Denver, CO
Denver County

Denvver


Asking Price: Annual Revenue:
$220,000 $543,452

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Local favorite restaurant with Old World authentic Broker: Stephanie Robertson

Quick Facts

Asking Price: $220,000
Annual Revenue: $543,452
Net Profit: $17,233
Cash Flow: $57,196
Total Debt: Not Disclosed
FF&E: $59,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: Not Disclosed
BBN Listing #: 797759743
Broker Reference #: 214-21434

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Business Overview:

This is your opportunity to acquire a long-time community favorite pizzeria. The restaurant has an established reputation for Old World, hearty Italian fare made with high quality ingredients and long-held family recipes. Pizza restaurants, with a tradition of delivery and to-go options, were uniquely situated to respond to the pandemic and this restaurant has seen consistent increases in revenue as a result of many new customers discovering this neighborhood gem. Restaurant offers dine-in, carryout, delivery, and catering. Located in a well-trafficked strip center, the restaurant has easy street access and plenty of parking.

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Property Features and Assets:

Restaurant is located in a strip mall with easy access and parking on a well-travelled road.

Market Competition and Expansion:

Potential for expansion exists with expanded business hours and in-house delivery options (vs outsourced deliver). Social media marketing could also increase sales.

Reason for Selling:

Retirement

Additional Details:

  • 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.

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