Very Profitable Pizza Shop Absentee Owner

Seatac, WA
King County

Metro Area

Asking Price: Annual Revenue:
$328,000 $681,321

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Very Profitable Pizza Shop Absentee Owner Broker: David Smith
Owner Financing is Available!
70% down case by case basis

Quick Facts

Asking Price: $328,000
Annual Revenue: $681,321
Net Profit: $80,000
Cash Flow: $80,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 12
BBN Listing #: 181751531
Broker Reference #: dsseapzt

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Business Overview:

Very profitable pizza shop in a highly trafficked location. 19 years established, is surrounded by 70 plus hotels. Do you sense some pretty big pizza delivery sales? Yes, you be right. Seller does about $700,000 a year in sales with an over $80,000 net take-home pay as an ABSENTEE OWNER!! Not bad, it’s a passive $80,000 net annual income and free pizza lifestyle.
All joking aside this pizza shop is a money machine if the new owner wanted to be an owner-operator or even a semi owner operator the annual net income (take-home pay) could be well in the six-figure range. That’s more than most fancy fine dining restaurants and hey you don’t have to be a trained gourmet chef to make the big money here. This is a very simple concept and a very simple business that’s why this business lends itself so well to absentee or semi-absentee ownership.
This lease is also something to brag about as it is only $2,218 per month, that’s incredibly low, most restaurants, most businesses generating these kinds of sales numbers usually pay 3 or 4 times or more in monthly rent. Within the first few days of each month, you be in the profits. (that means all fixed monthly costs covered so early in the month)
Current lease expires 2022 and has a 5-year option to renew. The landlord is willing to give long term lease to a new pizza shop owner. 1100 square feet only has a couple of tables so pretty much all delivery and pickup. Plenty enough parking for the delivery drivers and the pizza pick up service.
The 70 plus hotels that surround this pizza shop supply what seems like an endless supply of pizza customers. So much so the current owner does no marketing or advertising. Not even to just drop off a flyer at the front desk of these hotels. I’m sure there is plenty of catering opportunities in many of these hotels with all their meetings and whatnot. A more aggressive marketing game plan with these hotels could put an owner here in some pretty sweet sales numbers.
This is a franchise but may be purchased as not part of the franchise. I am told the franchise fee is nothing or next to nothing. All the training and recipes included in this purchase. This is a can’t miss business opportunity investment as its location (close to the airport) and its sales history are factually proven. Call to action, give contact us for more information.

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Property Features and Assets:

Monthly lease is $2,218 in total. Is assignable and renewable. Current lease expires 2022 and has a 5-year option to renew. 1100 square footage seating capacity is 8. Mostly delivery and pickup pizza business. Plenty enough parking for the delivery drivers and the pizza pick up service. Location is great as sits on a very busy street surrounded by over 70 hotels.

Market Competition and Expansion:

Seller is an absentee owner and this business is already very highly profitable. So if the new owner wanted to be an owner-operator or even just a semi-owner operator the labor costs would go down and the net profit take home for the seller would be well into the six figures. Because the seller is absentee there is no marketing plan being executed, there is over 70 hotels that surround this little pizza shop if the new owner just networked these many hotels front desk personal or the catering pizzas for the many meetings that go on in these hotels well the sales would greatly increase. This already has a solid income but the tangible potential is here to make many much more. Pizza still has big profit margins.

Reason for Selling:

Seller wants to retire

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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