Profitable Absentee-Run Pizzeria with a Great Lease in Gilbert!!!!!!!

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Absentee-Run Business under 100k!!!!!!
Asking Price:
$60,000

Gross Revenue:
$324,000
Cash Flow:
$35,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$20,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Recently Remodeled pizzeria in the heart of Gilbert with tons of opportunity for growth if ran by the owner to save a lot of payroll and food cost, currently now it is turning a profit being run absentee but the seller has no time to handle the business at all and that is why they are selling or they would not. The pizzeria is in great shape and the asking price is really low for what it is which means it should very quick. The lease is also great at the location at only $3314.20 and the lease is good until 2027. This is really an opportunity that doesn't come often and wont last. If you always wanted to own a restaurant or pizzeria this is a great start where you can work backwards from Absentee instead of the other way around. The net and gross figures are with an absentee owner.

About the Business

Facilities:
1600 sq.ft. storefront at the end cap of a busy strip center
Growth & Expansion:
Need to have more online presence and a more dedicated owner to take it to next level.
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About the Sale

Reason For Selling:
Not enough time to devote to the business
Training/Support:
2 Weeks after sale

Listing Info

ID:
1579346
Ad Detail Views:
0

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Business Listed by

Mike Darmo

American Realty Brokers
License# 576846000

 Show Phone Number

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