10 Year Pizza Restaurant
| Asking Price: | $249,000 | Inventory: | $5,000 ** |
| Gross Revenue: | $880,000 | Real Estate: | n/a |
| Cash Flow: | $70,000 | FF&E: | $150,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Owner is planning to retire after 10 years of a successful operation. Current Sales are $880,000. Sales Price is $249,000. The decor is excellent with the equipment in good shape. The 3,500 square foot restaurant, with 120 seats, is well located on a State Road, west of Hartford with 30,000 cars passing daily. A Property Option is available with this purchase. Beer and Wine license.
About the Business
Year Established:1999
Employees:20 full time -
Facilities:3,500 square foot stand-alone Pizza Restaurant. Excellent decor. Parking for 40 cars. Ten years successful ownership. Five year lease at $4,000/month + $1,500/month triple net charges.
Market Outlook and Competition:This Pizza Restaurant is located in a very popular and competative market and has withstood the competiveness for 10 years. There is a very loyal customer base, with large family groups a big part of the daily customers. This restaurant's reputation, service and menu variety make this restaurant attractive and popular.
About the Sale
Management Training and Support:Owner will train/consult for 2-4 weeks, at owner's expense.
Reason For Selling:Seller planning to retire.
Seller Financing:Owner financing possible.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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