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Over 35 Years Old Pizza Shop For Sale
Location: United States -> Pennsylvania -> Pittsburgh
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Turn-Key and Priced to sell at $39,000!
Pizza Shop in business over 35 years in a prime location with tremendous growth opportunity. Located in Mt. Lebanon/Castle Shannon area, we are only open 6 days a week, 56 hours a week compared to 84 hours a week for other shops. Open hours a week can be easily extended along with expanding delivery area (currently only 2 mile radius) giving HUGE potential with this shop. Owners only working part time (total 40 hours a week), full time owners can reap higher cash flow.

All equipment, inventory, recipes, and good will included. Rent is about $17/sqft compared to $20/sqft for surrounding area, with over 2 years remaining on lease. This is a perfect opportunity for someone looking to make a good living in this lucrative market. Gross sales have averaged between $175,000 to 232,000 the past 3 years even with our limited hours and delivery area. The average pizza shop in the US grosses over $450,000 a year, so incredible upside potential. Owner cash flow has been between $45,000 and 60,000 the past 3 years. Make money from day one!


Financials

Asking Price Range:  < $250K
Gross Revenues:   $200,000
Cash Flow:   $50,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $25,000
Seller Financing:  No

About The Business

Year Established:  1979
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Spend more time with family

Photos

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Over 35 Years Old Pizza Shop For Sale Photo 1




Print Listing Id: 700267290
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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