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Super long established pizza restaurant. They have been in business since 1998 with the same owner.
Owner is now looking to retire and is ready to sell profitable pizza restaurant. Are you ready to take it over?
Pizza restaurant is located in an extremely high traffic strip mall.
Huge traffic driver is in the same parking lot, provides a constant stream of potential customers.
Restaurant has been profitable for years. Sales are rising and have averaged 500k per year for the last three years.
Tax returns show growing sales and bottom line profits that will be going into your bank account.
Current owner works about 25 hours per week.
An owner ready to work full time will see substantial improvement at the already nice bottom line. Are you ready to make some real money?
2016 Sales $466,482
2017 Sales $488,780
2018 sales $546,718
Year to date 2019 average monthly sales are right at 43k per month.
Tax return net income 2017 $65,287
PnL net income 2018 $64,636
This is an efficient operation with 10 part time employees that are all trained and ready to continue running this place.
Kitchen has 10 foot exhaust system, double decker Bakers pride ovens, 8 foot cold prep table, 60Q Hobart mixer and a large walk in cooler. All equipment is in good working condition with plenty of life left in it.
Restaurant space is 1450 sq feet. Current lease term expires October 2024. Options available
All in rent is $4250/month well below the 10% of sales goal that drives profitability.
Expand your current pizza operations or buy your first one. This is an outstanding opportunity to hit the ground running with over 20 years of goodwill built up, goods sales and it’s profitable from day one.
$51,000 (USD) per annum
Daily 10:00AM to 10:00PM
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