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Asking Price$195,000
Revenue$261,988 Established2006
Cash FlowUndisclosed Employees6 full, 2 part
FF&E$8,500* FranchiseNo
Inventory$2,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Better than great location. If you are looking for a great location and a easy food concept to master then this pizza restaurant is definitely worth checking out. As far as the food industry and restaurants in particular go it’s good to know you don’t have to be a trained chef to make a lot of dough. The profit margin on pizza is still very high. And there is a lot of ways to increase the profits at this pizza place. Currently the owner does 70% of his sales in pizza delivery, but this restaurant offers a nice dining area that sits about 44. The location is high traffic with slow moving cars and lots of apartments and condos close by also a lot of businesses as well. Lots of much slow moving foot traffic too. So lots and lots of ways to expand on an already very good business. This pizza place has been in place here for 10 years so as you can imagine there is a loyal local established pizza crowd already in place for you. Not much sit down dine in pizza competition close by. So there is definitely a pizza dine in niche to be had. Space for pizza parties or office meetings etc.. But current owner made no attempt to collect names, emails or phone numbers or even establish a website. No catering is being marketed or advertised for the many nearby businesses. With pizza you have a very tasty product that is fairly easy to prepare with very high profit margins. This pizza place just needs leadership that wants to reach out and do more than just put on the open sign. Also another way to increase the profits is to take advantage of the full kitchen with hood and offer a breakfast or brunch menu as none is being offered right now. The location sure has the population to make this a profitable idea. With 1500 SQ FT so there is room and the market for brunch and coffee earlier in the day and pizza later in the day. Another reason this location is so good is there is a major high trafficked park literally within eye shot of the front door of this restaurant. Which in turn opens the possibility to selling pizza by the slice to the many park goers. This is a very good cash business. Very good visibility and signage. This is not a franchise so creative leadership is welcome here. Owner wants to move out of country is reason for selling. All the arrows point very much to many good dough can be made here with the right leadership. To get more information or setup a time tour this pizza restaurant just call or email listing broker.
Facilities:Lease is $4,479 per month, which is very reasonable especially when you see the solid location. Has option to extend and is assignable. About 1500 SQ FT, seats 44 comfortably, has booths for privacy and a large dining table for large gatherings. Lots storage space, private office and a full kitchen with hood and a pizza oven. Currently operated by 6 fulltime and 2 part time employees. Strong cash business, owner owns all equipment except dishwasher. This pizza place is fully equipped and totally turnkey.
Competition:There is very little sit down dine in pizza competition close by. So many ways to expand the already good profits. From having a website and offering specials, to advertising for catering. This not a franchise so menu can be adjusted to offer some of your special food treats or drinks. Currently only serving lunch and dinner but has a full kitchen with hood so breakfast or brunch could be offered. There is a major park within eye shot of this pizza place’s front door, this park holds events and literally has crowds of people walking around, right around you and your pizza restaurant. Pizza by the slice anyone? This business just needs leadership to do more then just put on the open sign.
Growth Potential:There is very little sit down dine in pizza competition close by. So many ways to expand the already good profits. From having a website and offering specials, to advertising for catering. This not a franchise so menu can be adjusted to offer some of your special food treats or drinks. Currently only serving lunch and dinner but has a full kitchen with hood so breakfast or brunch could be offered. There is a major park within eye shot of this pizza place’s front door, this park holds events and literally has crowds of people walking around, right around you and your pizza restaurant. Pizza by the slice anyone? This business just needs leadership to do more then just put on the open sign.
Training/Support:2 Weeks offered but more is negotiable if so desired
Seller Financing:90% down seller financing strictly on a case by case basis
Sale Reason:Seller has to move out of the country
Ad #78710
Seller Reference #dsalgpzza
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Contact This Seller
Coldwell Banker Bain
425-890-9208
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