Downtown Pizzeria & Restaurant

Listing ID: 700205361

Listing Title: Downtown Pizzeria & Restaurant

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Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Michigan


City: Ann Arbor

Asking Price Range: < $250K

Gross Revenues: $459,000

Cash Flow: $75,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2007

Number of Employees: 10 - 19

Business Description:
This is a rare find. It is a very well established eatery located in the heart of downtown Ann Arbor with thousands of U of M students in the immediate area. They serve pizza (whole and by the slice), pasta, subs, salads, hamburgers, fried foods and much more. They seat 50 inside and another 24 outside, weather permitting. They offer delivery as well. Approximate 50% of the sales are dine in and 50% are carry-out and delivery. There are a few parking spots as well as ample municipal parking. The food is freshly prepared daily and as a result, the restaurant enjoys a great reputation for their excellent food. All recipes are included in the sale. The business stays open late on Friday and Saturday to accommodate the late night crowd. Sales on Friday and Saturday from midnight to 4am averages $500 per night. The business has supported the seller and his family very well over the past 5 years. The seller is now ready to retire. Call Armen Nazarian at 248-855-7753.

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