Successful Pizza Restaurant

www.GlobalBX.com

Listing ID: 700365607

Listing Title: Successful Pizza Restaurant

Quick Link: http://www.globalbx.com/listing.asp?bId=365607

Industry: Food and Beverage

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

Country: United States

State / Province: Alaska

Area

City:

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $3,477,000

Cash Flow: $644,103

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2020

Number of Employees: 1 - 3

Business Description:
Very busy & extremely popular (lines out the door) pizzeria with over 35 different beers on tap, located in the Municipality of Anchorage. This restaurant has been established for over 37 years and is a local's favorite and a destination eatery drawing loyal diners from miles away. Featuring the flavors of Italy, it offers numerous styles of pizzas, subs, spaghetti & meatballs all of which is made fresh every day with fresh ingredients. The restaurant has ample banquet rooms hosting dozens of events weekly. Reasonably priced, family friendly, and a veritable cash cow. 2021 Projected: Gross $3,477,000 Net ~$ 33,000/Month SDE $ 644,103 This pizzeria is a definite candidate for expansion and/or franchising. On a typical SBA note the buyer would need to put 10% down in the form of an investor cash injection. The total time to recapture investor cash injection is less than five months based on cash flows.



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