Established Restaurant for Sale

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Busy established Pizza and Pasta restaurant for Sale

Business Description

I am pleased to offer this busy pizza restaurant in Roanoke City, Virginia. The restaurant is relatively new and is being sold due to a recently discovered health issue the seller has been made aware of. The business has been profitable almost since it opened. Sales are $8000 or more. With approved seating for 100 combined with indoor and patio seating. There are Ten part-time and two full-time employees. Priced at only $60,000 for a quick sale. Open to negotiations

About the Business

Location:
Roanoke city County, Virginia
Year Established:
2019
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
3,000
Rent:
$3,500.00 Per Month
Lease Expiration:
12/1/2021
Facilities:
All furniture, kitchen equipment, and POS are included. A turn key operation.
Market Outlook/
Competition:
Lots of opportunities, plenty of parking, close to major upscale entertainment center. Close to high-end apartments. The only restaurant in this neighborhood.
Growth & Expansion:
High opportunities for takeout. Lots of foot traffic from the local community. High volume during certain seasons.
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About the Sale

Reason For Selling:
Health issues
Training/Support:
Seller will work with the buyer for up to two weeks to ensure they are well versed in managing the operation.

Listing Info

ID:
1486938
Ad Detail Views:
165
Asking Price:
$60,000

Gross Revenue:
$500,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Listed by
Peter Radjou

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