West KY Pizza And Full Menu Restaurant For Sale

Business description

This family has been successful in the business for 19 years. Their pizza is renowned and their following seems to be recession resilient. We have a motivated seller here. A substantial down payment will get you a very reasonable lease with the option to buy. Make a serious offer and come stand by the register for 2 weeks.

Property information

Real Estate:

Real Property Included

Lease terms:

negotiable

Leasehold rent:

$36,000 per annum

Premises details:

4000 sq ft restaurant has paved parking, good lighting, easy access and seats 120. The dining room is very tasteful with a beautiful salad bar. The kitchen is well equipped including a walk in cooler, freezer and large pizza oven. The business can be leased with an option to buy. Located at the busy crossroads of 2 major highways. This 1.8 acre site can be bought or leased. The property alone appraises for the asking price including the good will.

Business Operation

Expansion potential:

This full service family style restaurant has a complete menu with Pizza for lunch and dinner. An energetic new owner could add 20-30% with a breakfast

Competition / Market:

Normal food service in the area but nothing like this

Reasons for selling:

retiring

Trading hours:

Lunch and Dinner 7 days a week

Years established:

19

Other information

Support & training:

Whatever is reasonably required

Financing available:

Owner will finance with reasonable down payment

Furniture / Fixtures value:

$70,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)

Lease asking price:

$175,000 (Furniture / Fixtures and Inventory / Stock included)