Pizza Greek and Italian Restaurant For Sale

Business description

This well known dine in Pizza Restaurant has been operating since the early 1990's. Sales are consistently at $26,000 per week with $200,000 in annual profit. This is an excellent lunch and dinner business. The business currently does not offer delivery service and is not open on Sundays so a new owner could increase sales.

Seller owns the property and will sell or lease the real estate. The asking price does not include the real estate.

The asking price for the business is based on a 3.5 x annual owner profit. Don't waste money starting up your own restaurant and burn through all your capital when you can buy this extremely successful restaurant that is well established and you can have a steady income from day one! With a $200,000 down payment the seller will train you and take on the risk with you and finance the balance. You will also be receiving before debt service a 100% return on your initial investment each year.

We have several options to help you access capital without penalty that you may have tied up in a 401K, IRA, or real estate.

Contact Jason Hoff with Sunbelt Business Brokers for more information and to discuss this business.
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Property information

Real Estate:

Real Property Included

Premises details:

4500 sq ft, $3500.00

Other information

Reasons for selling:

Relocation to be closer to grandchildren

Trading hours:

Days: Monday - Saturday

Financing available:

Downpayment Required: $200,000

Furniture / Fixtures value:

$100,000 (included in the asking price)