Profitable Pizza Restaurant For Sale - Raleigh NC Area

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Asking Price:
$75,000

Gross Revenue:
$141,629
Cash Flow:
$46,258
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Priced to Sell! Bring all Cash Offers! Profitable Pizza Shop for Sale in Wake County North Carolina. Open Only One Year and Already Making Money! 2018 Projected Owner Benefit is $45,000 based. Great rental rate -- just $1221 per month for location under Fifteen Minutes from Downtown Raleigh. Profitable Business is Turn-Key.
The owner of this brand new profitable Italian Pizza Shop for Sale and Restaurant has built a solid reputation since opening in 2017. Unfortunately for the current owner, circumstances require him to move and sell this great little restaurant. Perfect and Turn-Key for a new owner-operator. Monthly sales for 2018 are averaging over $12,000. Monthly rent is only $1222 resulting owner income of over $3500 per month and growing. Given the location, reputation, and increased earnings potential due to additional delivery and take-out volume, this already profitable pizza shop for sale is a bargain at less than $100,000. Contact We Sell Restaurants today!
The restaurant is an easy-to-manage space at just under 1000 square feet. Equipment includes a beautiful wood fired oven, cooler, dough mixer, prep tables, tables, chairs, and all the accessories and cookware needed to continue to operate and grow. And don't forget it's all only about a year old. The business reputation is great, and the pizza has been described by some as "the best in the area." The woodfired oven is the key. In addition to pizza, this profitable Italian and Pizza Shop for Sale just outside of Raleigh NC serves up Calzones, Hot Sandwiches and Subs, Salads, and even pastas.
The area is perfect for a business like this one. This pizza shop for sale is in a strip center close to residential, retail, and other businesses. This suburb of Raleigh has over 27 thousand residents with median household income of $60,000. Additionally, Data USA reports over 14 thousand employed in the area, an increase of over 5%. So, don't miss out on this opportunity to take over a new and already successful Italian and Pizza Shop for Sale opportunity at great pricing.

About the Business

Location:
Wake County, North Carolina
Year Established:
2017
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
955
Rent:
$1,222.40 Per Month
Lease Expiration:
7/30/2020
Facilities:
Wood Fired Oven Tables Dough Maker Cooler Walk in Cooler Drink Cooler
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Wake County NC was the 20th fastest growing county nationally between 2010 and 2017 based on count at 165 319 As a percentage Wake County was 57th nationwide growing 18 2 in the same period Median household income in Wake County jumped significant
Growth & Expansion:
Located in a booming community for both businesses and commerce in the Triangle region Known for its hometown charm and atmosphere yet located near the heart of the world-renowned Research Triangle Park The town offers an excellent economic climate tha
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About the Sale

Reason For Selling:
Relocation
Training/Support:
Yes

Listing Info

ID:
1549667
Ad Detail Views:
192

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Business Listed by

Steve Weinbaum

We Sell Restaurants
License# GA SL 365512

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Wake County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Wake County, NC
Income

Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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