Waterview Pizza Restaurant
| Asking Price: | $85,000 | Inventory: | $4,000 ** |
| Gross Revenue: | $234,800 | Real Estate: | n/a |
| Cash Flow: | $71,000 | FF&E: | $100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is an extremely well located Pizza operation with an Excellent View of the Long Island Sound. It is located in a growing shoreline town in the downtown area. Sales are $234,800 for the current year with an excellent potential with some modernization, use of modern technology, the addition of an outside patio, and delivery. A turnkey approach could net new owners $70,000+, and modernization and the other changes cited above could net an experienced family a net over $100,000.
About the Business
Year Established:1988
Employees:7 full time -
Facilities:Compact 1,000 square foot pizza facility with 58 seats and outside dining possible, overlooking the Long Island Sound. Adequate parking. Fully equipped. 5 year lease. Rent $2,000/month.
Market Outlook and Competition:The growth potential for this operation is very good. Growth areas include an outside patio overlooking the water and the use of modern technology (eg. faxes and e-mails to customers, the use of computers for sales and marketing, etc.). Also, delivery could add dramatically to the sales volume. This pizza operation is in a prime downtown shoreline location with a great view of the Long Island Sound. The business has a strong local following which increases during the summer season.
About the Sale
Management Training and Support:Owner will train/consult tor a 30 day period; 15 days on premises and 15 days via telephone, all at owner's expense.
Reason For Selling:Owners retiring after many years in pizza business.
Seller Financing:Small amount possible
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