NOT DISCLOSED, North Carolina
| Asking Price |
$375,000 |
Year Established |
2008 |
|
| Annual Revenue |
$622,720 |
Reason for Selling |
Owner looking to retire. |
|
| Annual P/L |
$0 |
Attention |
Ben Shaw |
|
| Annual Cash Flow |
$69,134 |
Listing Number |
1016314 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This established pizza restaurant has served the Southeastern North Carolina market for over a decade, building a loyal, repeat customer base around a diverse menu that blends classic Italian dishes with American comfort food staples. Signature offerings include a range of specialty pizzas, calzones, stromboli, subs, and hearty Mediterranean entrées, complemented by fried chicken and other Southern-style dinner options. The business offers both dine-in and take-out service in a casual, family-friendly atmosphere.
The company has built a strong local reputation for consistent food quality, generous portions, and attentive service, reflected in steady positive customer feedback and word-of-mouth referrals. Many patrons travel from outside the immediate area specifically to dine here, underscoring the brand's strength within the regional market.
Pizza remains one of the more stable segments of the restaurant industry. Considered a cost-effective and convenient staple for families. Recent data and trends show independent pizza faring well versus chain establishments.
The business is well-positioned for a new owner to build on this established customer loyalty, with opportunities to expand catering, delivery, and marketing efforts to further grow revenue. This business has enjoyed strong success relying primarily on word of mouth.
The owner is interested in participating in a smooth transition to set up a new owner for success.
The SDE shown includes a rent charge of$41,922, is based on the Last Twelve Months through June 30, 2026, and is for a full-time owner-operator. The real estate is leased from a third-party landlord, with the lease being transferable/assignable to a qualified buyer in conjunction with the sale of the business, at an annual lease rate of $41,922.
Property Features and Assets:
<p>Situated along a well-traveled corridor, the restaurant offers a sizeable dining room with comfortable seating for both dine-in guests and steady take-out traffic, plus adjacent parking for daily customer flow. <br></p><p>Assets = $55,000</p>
Market Competition and Expansion:
<p>Local competition includes both independent and chain restaurants. This opportunity stands out with a long strong history of reputation for high quality food at a good price. The local competition is a blend of independently run and chain restaurants. <br></p><p>Clear expansion levers exist for a new owner,including added beverage offerings, expanded hours, delivery & catering development, and implementing a marketing plan. <br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity