Restaurant Pizza

Restaurant Pizza

Available

$99,000.00

Listing Number :

 3764

Status :

Expired

Price :

$99000

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Area

1600

Description

conic longtime well established brick oven pizza restaurant that makes it’s own gourmet pizza. Seller says, they have their own secret sauce and secret dough recipes to be passed on to the new owners. Their clients always rave about how good the sauce is and how the pizza crust is the best they ever had. Seller also claims local CBS promoted them as best pizza and they are rated in the top 10 locally.

They have thick and thin crust and Chicago style pizzas plus all the favorite things that go with pizza, including cheesy bread sticks , chicken wings, salads, soda, beer and wine. The owner here is too busy running other businesses and this one is left to stand on it’s own feet and reputation. New management needs to crank this place back up to it’s glory days Present the friendliest customer service, like the kids at chick-fil-a , owner and managers glad hand the customers, advertise, run coupons, promote group sales with soccer, little league etc, get on facebook and other internet media.  Put in full time hours, 4 pm to 9 pm only gets you one income stream for dinner hours. Start at 11 am and have a lunch special that can’t be beat and create an entirely new income stream. Pizza delivery alone cranks pizza sales, some stores doing 50% of their business as delivery. Seller claims his Gross Annual Sale is $150,000 is low for such a great pizza restaurant, and netting out $36,000 is low too. The restaurant is on a 1,600 sq.ft. space and rent is $3,800/m.
#3764
Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased: 2017
Business Type: Pizza Restaurant
License(s) Required: Business, Health, ABC
Hours of Operation: 4 pm-9 pm/ 7xdays a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3764
Date Available: 8/27/2019
Reason For Sale: Retiring
Annual Total Revenue: 150,000
Annual Net Income: 36000
Inventory: 3,000
Monthly Payroll:
Lease Information
Base Rent: 3,800
Lease Expires: 2022
Lease Option: 1 x 5 years option
NNN: Included
 
Financing Information
Down Payment: 99,000
Owner Will Carry:
Other Finance Terms:

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