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Fast Growing, Very Profitable Pizzeria
Location: United States -> North Carolina -> Wake County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This authentic, New York style pizza, family oriented Italian restaurant is located in a densely populated area, on a busy highway. It is in a prime shopping center with ample parking for dining-in or picking-up great Italian food. No Delivery!

The owners operate with a ''family feel'' atmosphere. With a vast menu and great service, they have quickly built a loyal following and continue to grow with new customers every day!

There has been pizza at this location for 10+ years, The owners took over in October of 2020 and invested over $300,000. Then started using their family recipes, refined over 47 years. Sales immediately took off and now exceed $26,000 a week!

Their menu has many classic Italian dishes, all made from scratch with the best ingredients available. This #1 rated REAL New York style Pizzeria offers; pizza by the slice, chicken marsala or 6 pizzas for a football game.

With extensions, there are 11+ years left on their lease. All records can be validated by POS systems and tax returns. SBA financing is available for qualified buyers.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,378,114
Cash Flow:   $504,971
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $187,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2020
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  One owner will train buyer with recipes and processes. Second owner would stay on indefinitely.
Reason For Selling:  True retirement




Print Listing Id: 700380400
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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 > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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