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Established Family Pizza Restaurant
Location: United States -> Illinois -> Lasalle County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

This listing is for a top-notch family pizza restaurant and bar located in north/central Illinois that is available to a qualified buyer. The restaurant has been an established and popular fixture in their community for over 20 years specializing in delicious pizza, calzones, sandwiches and local specialty dishes. The business has terrific reputation for their great food and home recipes all available for sit-down dining, delivery or take-out. The sellers are looking to retire and a young buyer with fresh ideas can grow this business even further. The current owners are unable to dedicate the necessary time to the business. Thanks to the take-out and delivery options, their business remained strong during the pandemic. There are also vendor amusement games on-site that bring in around $10,000 additional revenues yearly. In addition, there is a full bar separate from the main dining room that makes for a fantastic lounge and meeting place for local guests. Approximately $199,000 in asset value is to be transferred with the sale of the business. Primarily, this is their real estate which is included in the asking price and valued at $170,000. The main dining room seats 44 customers while the bar seats an additional 22. If you would like more information about this business, or if you would like to schedule a site visit, please respond to this listing online or by phone. Online inquiries will be replied to with an email from an address with a required NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from us with 24 hours, please contact us by phone. Asking Price: $250,000


Asking Price Range:  $250K - $500K
Gross Revenues:   $138,407
Cash Flow:   $56,148
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $29,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1996
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train the buyer for 3 weeks
Reason For Selling:  Retirement

Print Listing Id: 700366707
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