KIRKLAND, Washington
| Asking Price |
$1,300,000 |
Year Established |
1980 |
|
| Annual Revenue |
$1,557,231 |
Reason for Selling |
Seller wants to retire |
|
| Annual P/L |
$280,000 |
Attention |
David A. |
|
| Annual Cash Flow |
$280,000 |
Listing Number |
1015697 |
|
| # of Employees |
5 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Highly profitable pizza restaurant on the Eastside now for sale. Just minutes to downtown Bellevue, Redmond, and Kirkland. This is a can’t-miss Eastside location. Established for over 35 years, it does over $1,500,000 in annual sales.
And by the way, this pizza place is closed for 3 months out of the year. Just imagine an owner-operator seeing that this pizza place keeps rolling out the dough and pumping out the pizza pies all year long? (For all 12 months) Annual sales here could/ probably would be $2,000,000 or more. Now that’s a lot of pizza dough ($$$). Probably as good or BETTER than any other pizza place on the eastside.
Pizza, it’s an easy concept for a new owner to learn and transition into. All training and recipes the seller is willing to share. This business lends itself well to absentee or semi-absentee ownership. All you investors out there, are you taking notes? You’ve got a pizza gold mine available here.
Some more good toppings for you to know about this pizza restaurant: it has a fully equipped kitchen, with walk-in refrigeration, a Type 1 hood system, and seating for 65 plus. Yes, it has its own parking lot and a well-known business name. This is NOT a franchise, so you, the new guy/gal, have the opportunity to put your own special twists on the menu or décor.
You truly do not need to be a gourmet chef to make the BIG sales here. This is all set up for a new owner to come in and do great things from day one. Give us a call, as this business opportunity will draw a lot of attention. May God bless you and your loved ones in your business search.
Property Features and Assets:
<p>Self-standing building, 2200 sq ft with seating for 65 plus. Has a Type 1 hood system and walk-in refrigeration in the kitchen. Has own parking lot with more than 20 customer parking. Street parking is available as well. This location is on the coveted east side and is near many businesses and lots of people, so quite a lot of walk-in customer base to keep you busy, too.<br></p>
Market Competition and Expansion:
<p>This business is over 35 years established with the same owner and great name recognition. This customer base is long and winding throughout the entire eastside. Does $1,500,000 in annual sales with strong tangible potential to push $2,000,000 or more in sales annually. There are other pizza places on the eastside, but few, if any, that can compare to this location, sales, name recognition, and the positive tangible upside sales potential.<br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity