SEMI-ABSENTEE Italian pizzeria casual restaurant in dual anchored shopping center! Beer/wine license in place, but not included in sale. Food is made from scratch daily with homemade specialties - all recipes included in sale! Sales very strong in 2021 with covid recovery! Great web reviews. Nice robust menu includes popular healthy options along with all of the Italian favorites! Plenty of room for growth by adding catering! Gross Sales and Net Income are projected for 2021 based on first 5 months of the year. EMAIL NOW before it is gone! For the fastest reply to you inquiry, please use this ad's email reply! For the fastest reply to your inquiry, please use this ad’s email reply or contact Business Broker Edward Smith (RE# BS.0038345.PC; Business Broker Permit# BBP.0000005) at
- Asking Price:
- $175,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $470,000 (USD)
- Cash Flow:
- $56,663 (USD)
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This is a leased location of 1394 square feet with a Total Rent of $4534. Lease ends 08/2025 with a one 5 year lease options. Seller is active in the business with 5 FT employees, and 3 PT employees. Hours of operation are 11AM-9PM Sun-Thur, 11AM-10PM Fri-Sat. $5,000 in Inventory and $65,000 in FF&E included in Asking Price. $70,000 made in Leasehold Improvements. Assets include Busy location in dual anchored shopping center! Fresh ingredients! Beer/Wine License Required.
Business Operation
- Reasons for selling:
-
Health issues
- Trading hours:
-
11AM-9PM Sun-Thurs, 11AM-10PM Fri-Sat.
- Employees:
- 8
- Years established:
- 2002
Other Information
- Support & training:
-
Fourteen (14) days
- Furniture / Fixtures value:
- $65,000 (USD) - included in the asking price
- Inventory / Stock value:
- $5,000 (USD) - included in the asking price
