High Volume Pizzeria NW Suburb - Established 30 Years!

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Asking Price:
$375,000

Gross Revenue:
$895,000
Cash Flow:
$238,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Featuring delicious thin, extra thin, pan and stuffed pizzas. Along with tasty appetizers, soups, salads, sandwiches, chicken & ribs, seafood, pasta dinners, desserts and more. Daily specials.

Dine in (a few seats), carry out and delivery, plus catering.

Fully equipped kitchen includes a 6 shelf revolving pizza oven, 14ft hood, 6 burner stove with oven, 30-inch char grill, deep fryer, 4-well steam table, 3-door pizza prep table, dough sheeters & mixer, meat grinder, cheese shedder, walk-in cooler & freezer, 4 station POS system and more.

Independent, no royalty, advertising or transfer fees.

Family owned and operated. Turnkey.

Year Established: 1987 (Current Owners 2002).

Prime retail space in a busy strip center on a major interchange along with a nail salon, bakery, meat market, flower shop and more. Surrounded by a vast commercial and residential area, plus many hotels. Close to O'Hare airport!

This is a highly confidentially listing, a non-disclosure agreement is needed first for more information. Showings by appointment only.

Listed by Tom Traina at EatZ & Associates

About the Business

Year Established:
1987
Number of Employees:
16
Real Estate:
Leased
Building Sq. Ft.:
1,300
Lease Amount/Mo.:
$2.34
Facilities:
Leased space - cheap $3,040/mth includes rent, CAM, insurance and taxes. Current lease expires in May 2018. Landlord will renew the lease for another 5 years plus options. Square Feet: 1,300. Seating: 12. Days/Hrs of Operation: Mo-Th 11a-12m, Fr 11a-1a, Sa 3p-1a, Su 3p-11p.
Market Outlook/
Competition:
Simply the best pizzeria in the area. The finest traditional Chicago-style pizza and Italian dishes. Incredible food. Only use the freshest ingredients. Make their own cheese blend. Handmade dough several times daily. Highly rated and recommended.
Growth & Expansion:
Local favorite. Tons of regulars. Loyal customers for generations. Also lots of deliveries to nearby businesses and hotels.
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About the Sale

Reason For Selling:
Retiring.
Training/Support:
Two weeks on-site comprehensive training.
Seller Financing:
No

Listing Info

ID:
1488571
Ad Detail Views:
2038

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Business Listed by

Tom Traina

EatZ & Associates
License# 475175390

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