After 32 years, the owners of this highly successful Pizza restaurant are ready to retire and pass on years of goodwill to a well-qualified operator. This is your chance to capitalize on the interest rates in today's market while they last and lock in a great deal. The real estate and business together are pre-qualified for an SBA long-term (25year) loan with just 12% down.
Therefore, an experienced operator with strong financials would be able to purchase this business investment with the SBA guarantee of 12 percent of the purchase. The Investment would also be able to pay the debt service on the loan and still have plenty of cash left over for the new owner. This is also a pandemic-proof business as they have made more money in 2021 than in 2020. With just at $1,000,000 in annual sales and over $150,000 in seller's discretionary cash-flow, this is a rare find indeed. This investment will pay for itself and provide a great income for your family for many years to come.
The real estate Includes approximately 3,000 plus sq ft fully equipped free-standing Pizza restaurant plus a 1200 sq ft rental which pays the owner each month. The attractive dining room creates a friendly atmosphere seating approximately 99 with large booths, tables and two ADA compliant bathrooms. An enjoyable dining room and a semi-open kitchen give the restaurant a warm cozy feeling.
The sale also includes all fixtures and equipment sufficient to operate a high volume restaurant some of which are , several cold tables, POS work stations w/ printers, Hobart 60 qt mixer, three compartment sinks, water heater, Ice machine, walk-in cooler, freezers, security cameras, monitor for cameras, , grill, fryers, Type 1 hood with Ansul fire suppression system, Type 2 hood for pizza oven, big TV screens sporting digital menus, several big-screen TVs throughout the restaurant, several beer taps , office with computer, video monitors and much much more. Included in this deal are the real estate, leasehold improvements, fixtures and equipment, licenses, name, menu, concept, and goodwill are all included as part of the sale.
- [ ] SBA Pre- Approved at just 12 percent down ( leverage your money )
- [ ] Long term (25 years) SBA loan with low-interest rate Locked in now
- [ ] Beer and wine license included
- [ ] Real Estate included with the sale ( no Landlord to pay )
- [ ] 32 year well established successful business ( don't reinvent the wheel )
- [ ] Turnkey OPERATION
- [ ] Freestanding building comes with ( Built-in Rent Revenue year-round )
- [ ] The Investment that pays for itself over and over
- [ ] Pandemic Proof Business
- [ ] Great family fun business
- [ ] Good verifiable books and business records make easy financing
Financial information such as tax returns, balance sheets, P & L, bank statements, POS reports, or merchant statements are only available to committed buyers who have signed an NDA, have proven purchase funds, and good credit.
Complete the Non-Disclosure Agreement on our website and we'll send you the full financial information and list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity as well the broker's connections for a long-term SBA loan solution. No Co-Broker #jimsellsrestaurants
- Current Owner1995
- Reason For SaleRetirement
- Square Feet4,200
- Parking32 spaces
- LicensesHealth, business, ABC type 41
- Open Hours7 days 11-9
- RentReal Estate Included
- ExpirationReal Estate Included
- Yearly IncreaseReal Estate Included
- OptionReal Estate Included
- DepositReal Estate Included
- Monthly Revenue$83,500
- Monthly Cash Flow$12,500
- Annual Revenue$1,018,730
- Annual Cash Flow$150,000
- Payroll$Contact for Info
- Down Payment$12 percent down - SBA Pre Qualified
- Note Balance$Contact For Info
- Terms of NoteTBD
- All CashContact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.