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TYPE OF BUSINESS: PIZZA, SUBS & PASTA LOCATION: NORTH SHORE AFFLUENT SEASIDE COMMUNITY SELLING PRICE: $850,000 SBA Financing Available SALES VOLUME: $35K -$40K/wk. 80% delivery/pick up LEASE: $4,550/mo. (includes NNN) Years left: 10 Years SQUARE FOOTAGE: 1,600 sf HOURS OF OPERATION: 11 am -9 pm, 7 days (awesome staff is staying) SEATING: 14 seats REASON FOR SELLING: Retiring with a lot of money in the bank!! COMMENTS: Imagine making $300k plus every year for only investing $150,000 one-time!!! Very successful operation with 80% pick-up and delivery, but no Door dash, Uber Eats etc. In operation for more than 30 years with a very reasonable rent which includes the use of a very large parking lot that is included in the rent. The owner currently only works 30 hours a week just to have something to do. All equipment is in very good working order, including the highly desirable rotating Reed Pizza Oven. Best estimate is that seller is netting about $300,000/yr (significant cash).If you have good credit, there may be a SBA loan waiting with only $100K cash req’d.
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