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Asking Price$199,000
Revenue$500,000 Established2014
Cash Flow$100,000 EmployeesUndisclosed
FF&E$75,000* FranchiseNo
Inventory$6,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Excellent opportunity for an owner operator to make real money!!!  High volume Hampton Roads Italian Pizzeria has been open for almost two years but hasn't reached it's peak. Since it opened in 2014 the owner has already expanded into the adjacent space. Currently, the business is running 40-50% ahead of last year's sales.The business opened with all new equipment and modern build out. It is fully equipped with the latest point of sale technology.  Annual sales growing at 20%.

Long term lease with very low rent for this area. The location is surrounded by commercial centers and triple A office space and is located in a very attractive and well-maintained shopping center. The center is a mix of retail and offices. The owner installed an On-Line ordering system which creates tracking for customer's buying history and sales records.

Deliveries and carry out represents almost 80% of the sales. The attractive seating area is seldom used and has a service station that could easily become a bar that would encourage more eat in dining. The restaurant already serves beer and wine.

The business has been successfully using direct mail advertising that is fed by the On-Line ordering data and other food delivery system in the marketing area. The business will exceed $600,000 in revenue in 2015. The owner believes in aggressively advertising but the real opportunity lies in the comfortable and spacious dining room.

Required Licenses: Business, Food
Training/Support:Seller will negotiate a transition period
Seller Financing:Seller will consider some financing for a qualified buyer
Sale Reason:Other Business Interests
Ad #73896
Seller Reference #RICHMVA001-N1386
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Contact This Seller
Charles Broadwater, Jr.
(804) 673-8044
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