Seller's Contact Information
- RE: Stellar Ristorante/Pizza Opportunity
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $89,000 | |
Annual Revenue: | $350,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | 300,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2003 | |
Employees: | Not Disclosed | |
BBN Listing #: | 343033937 | |
Broker Reference #: | XFRD |
Business Overview:
After 12 years in business they have developed an excellent reputation with a large loyal customer base, a traditional appealing Italian menu with a large choice of delectable dishes and pizza. The upside potential is untold by a few changes, start pizza delivery, put in a patio, and the biggest would be to install a full service bar that alone would put this one in the stratosphere. The inviting free standing building with a captivating ambiance with its own more than ample parking up to code is truly a must see to be appreciated. To get a restaurant of this caliber for a price like this is unheard of Call now!
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Property Features and Assets:
2,400 delightful square feet, 70 inviting seats, established 12 exceptional years, more than ample parking, great rent of $3,244 gross (includes property tax & insurance) plus utilities, newer septic system, well water, full liquor license
Market Competition and Expansion:
Competition: Inviting free stand building with attractive landscape on major rd. Growth & Expansion: Install full service sit down bar would drastically increase sales, along with the addition of a patio and pizza delivery
Reason for Selling:
Other business interest
Additional Details:
- The property is Leased.
- 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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