Profitable & Established Pizza Restaurants (3) for Sale!

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Asking Price:
$599,900

Gross Revenue:
$2,100,000
Cash Flow:
$284,200
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$180,000
included in asking price

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Business Description

Turn-key three location pizzeria package for sale! This consistently profitable Company has built its reputation on flavorful, gourmet quality pizza and pasta, as well as a strong commitment to customer satisfaction.

The Company operates three restaurants in Kent County, MI. The restaurants serve a loyal customer base that generates growing sales each year. The Business has many opportunities for growth including expanding catering sales and investing in more rigorous marketing and advertising.

Current ownership desires to sell the business to focus on other ventures and spend more time with family. Ownership is willing to see a new owner through a reasonable transition period.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.

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About the Business

Location:
Kent County, Michigan
Year Established:
2004
Number of Employees:
80
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
8,250
Rent:
$8,868.75 Per Month
Facilities:
The restaurants operate out of three leased locations in Michigan. Each location is about 2,750 square feet in size.
Website:
bit.ly/2Wd4h4p
Market Outlook/
Competition:
(1) Turn-Key Pizzeria
(2) Established and Loyal Repeat Customer Base
(3) Established and Supportive Franchisor
(4) Online Ordering Platform and Menu/Pricing Autonomy
Growth & Expansion:
(1) Pursue Additional High-Margin Catering Sales
(2) Expand Marketing & Advertising Outreach beyond 5-mile radius
(3) Delivery Platforms (Grubhub, Uber Eats, etc.)
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About the Sale

Reason For Selling:
Other ventures.
Training/Support:
Ownership is willing to provide reasonable and customary transition assistance.
Seller Financing:
Limited seller-financing is available for qualified buyers.

Listing Info

ID:
1646155
Ad Detail Views:
0

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Business Listed by

Matthew Baas

Small Business Deal Advisors, LLC

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