NOT DISCLOSED, Pennsylvania
| Asking Price |
$149,000 |
Year Established |
2021 |
|
| Annual Revenue |
$515,000 |
Reason for Selling |
Other Interests |
|
| Annual P/L |
$0 |
Attention |
Orlando Rivera, |
|
| Annual Cash Flow |
$0 |
Listing Number |
1015011 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Open your own pizzeria concept in University City without the cost and delay of building a restaurant from an empty shell.
Located on a well-traveled neighborhood thoroughfare, this equipped restaurant supports pizza, sandwiches, wings, burgers, and other fast casual concepts. The sellers invested substantially in the space and describe it as the best restaurant kitchen they have operated. The location averaged approximately $515,000 in annual gross sales during its last three full years of operation.
The lease has 10 years remaining and is available to a qualified, experienced operator. The restaurant is temporarily closed for the summer. This creates a window of opportunity to acquire the location at its current $149,000 asking price before the sellers reopen it. The sellers are pricing the opportunity as an asset sale. Once it reopens, they will increase the asking price to include goodwill associated with their highly valued customers, menu, and brand.
The partners are selling to redirect their time and capital toward other interests.
This opportunity is ideal for a multiunit operator adding another location or a well-capitalized operator launching a new brand. Cash buyers are preferred for quick sale. SBA financing may be available to qualified buyers, subject to lender approval.
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Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity