NY Style Pizza Restaurant for Sale

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Asking Price:
$549,000

Gross Revenue:
$747,000
Cash Flow:
$218,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,000
included in asking price

FF&E:
$62,500
included in asking price

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Business Description

Great pizza restaurant for sale with nice provable profit by Seller, robust delivery service, great reviews, fast casual dinning area and upside to continue to grow. A little over a year old but consistent increase in revenue both in delivery and walk in service. Lease very reasonable and centrally located on main road.

About the Business

Location:
Vab, Virginia
Year Established:
2017
Number of Employees:
14
Real Estate:
Leased
Building Sq. Ft.:
1,600
Rent:
$2,200.00 Per Month
Lease Expiration:
12/31/2019
Facilities:
Located in a strip plaza on a main road. Includes all equipment, hood system, signage etc, etc....
Market Outlook/
Competition:
Other competitors in the area. But has good location, good online presence and very well reviewed and liked food. Serves not only pizza but salads, pasta, cal zones etc, etc..
Growth & Expansion:
Increase in grass roots marketing, add more visibility on main road and increase in media marketing.
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About the Sale

Reason For Selling:
Other business opportunties
Training/Support:
2 weeks

Listing Info

ID:
1614538
Ad Detail Views:
0

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Business Listed by

Tim Johnson

First Choice Business Brokers of Hampton Roads

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U.S. Census Data for Vab, VA
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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