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Asking Price: $210,000

Popular Pizza Business in Bend OR

Bend, OR
Deschutes County

This well-established, award-winning, pizza business has been thriving for 13 years with a motivated owner. The restaurant has a warm and inviting vibe, and serves pizza, sandwiches, calzones, and fresh salads, all made from scratch with proprietary recipes. A robust 80% of gross sales are 'to-go or take-out' orders. The shop also serves 12 local micro beers, ciders, hard seltzer, and Kombucha, all on tap. It has a 'Limited On Premiss,' OLCC-approved license in place. It is located in a bustling and ever-expanding neighborhood of Bend, Oregon EG11170The amounts shown as Gross Revenue and Cash Flow are for 4 months ending May 2023. The rent is $3,004 and is $888 for NNN. The lease can be extended to 2028. It is located in an established shopping center next to Starbucks. It has excellent exposure on one of Central Oregon's busiest commuter thoroughfares (30-40,000 vehicles per day). There is excellent free parking and it is across the street from major businesses, including Barnes & Noble, Costco, Wilco & more. All equipment, prep stations, reach-in coolers, freezer, ovens, sinks, POS system, furniture, computers, back-stock & inventory.The location is surrounded by exponential growth & expansion of both commercial & residential. The population increase would easily justify adding locations within the next 2 years. As of 1/23/2023 City approved 'Parkside Place' - a 346-unit development with rentals &homes for purchase which would be less than 1 mile from the restaurant. (House Bill 4079) as well as Steven's Tract (approx. 1500 homes) 2 miles to the south and Petrosa (approx 1000 single family & townhomes) 2 miles to the north. Buyer must have proof of Pre-Qualifying Loan Documents prior to NDA.1200 square-foot future expansion possible. EG11170

Cash Flow $122,050
Revenue $367,971

Asking Price: $99,000

Absentee-owned Local Pizza Restaurant with Lottery

Not Disclosed, OR
Multnomah County

Established in excellent location going on 14 years. Near a college campus with ideal demographics and outdoor seating. This absentee-owned pizza restaurant has an experienced management team in place. Part of a popular pizza brand franchise, this re-sale opportunity comes complete with all the support, training, purchasing power, marketing and benefits the franchisor provides. Known for their delicious and unique varieties of New York style pizza sold as whole pies or by the slice along with a full menu of various appetizers, salads, sandwiches, and pastas. Concept is designed to provide a family friendly atmosphere along with separate space with a full bar and Oregon lottery. Eat in, take-out and delivery provided with on-line ordering. Sale contingent upon buyer approval by franchisor and will require negotiation of new lease.This pizza restaurant location opened in 2009 as part of an expanding local franchise that had been around now for 30 years. Owner selling to focus on core business.There are 3 other pizza restaurants within 5 blocks in the dense urban area. This location has better seating, outdoor seating, full bar, better ratings and slices!!! According to Pizza Quarterly Magazine, the pizza industry has bounced back after a rough patch. From October 2021 through September 2022, total U.S. pizza sales climbed 3.08% Source: '2023 Pizza Power Report”.Even with inflationary pressures, sales are up about 30% for each of the last two years (’21 & ’22). Still, there’s plenty of upside to get to historic sales levels. Encouragingly, businesses “return to work” policies may help continue this trend. Also, lottery revenues could be boosted by allocating more floor space for machines.Corner, street front, urban retail location with outdoor seating.

Cash Flow Not Disclosed
Revenue $838,750

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