Well Established 12 years Pizza Restaurant For Sale

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Pizza Restaurant For Sale Owner Operated for 10 Years
Asking Price:
$230,000

Gross Revenue:
$766,700
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Well established Pizza Restaurant for over 10 years. Pizza Restaurant in very busy high traffic Shopping Center with 2017 gross sales at $766,700.00!!! With projected sales for 2018 to exceed $700k.Current owner-operator has owned the business for 9 years. Great location and plenty of parking next to 7 Eleven Convenience store. All equipment is included in the sale. Owner willing to provide training to new owner if needed. Tax returns available upon request after signing confidentiality agreement and proof of funds to purchase business. Plenty of new equipment, and all equipment is in good working condition. There is another 5 years on the lease at very low rent, triple net and with option another 10 years. So 15 years left on business. Lease, lease option and tax returns all in place. Restaurant operates with POS system cash register. Website also available for the restaurant with a * 4 * star rating on Yelp!! Great opportunity to own your own business and positive cash flow on day one!!!

About the Business

Year Established:
2007
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
1,066
Lease Rate/Sq. Ft./Mo.:
$1.60
Lease Expiration:
3/1/2032
Facilities:
Current lease up until March 1st 2022, with option another 10 years until 03/01/2032. Another 15 years least left on business. Lease is triple net. $1700 a month with another $500 to $600 a month for the triple net expense.
Website:
www.expresspizzaweymouth.com/
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About the Sale

Reason For Selling:
Relocating. Personal
Training/Support:
Owner will provide training if needed

Listing Info

ID:
1412748
Ad Detail Views:
99

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Business Listed by
George Papadopoulos

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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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