This institutional pizzeria has been owned for decades and operated through two family generations and is extremely well known. This business is SBA pre-qualified so a qualified buyer can purchase this business for approximately $100K cash down and even after debt service on the SBA loan it will cash flow over $200,000 per year. 60% of the business is take out and 40% inside sales. The restaurant is on a major street and has a comfortable dining room with booth seats, display kitchen and its own parking lot. Some of the equipment includes as follows: 8' type 1 hood with fire suppression system, 6 burners over oven, 2 deck full size pizza ovens, 2- 2 door under counter refrigerators, walk-in refrigerator, floor model mixer, 2 compartment sink + rinse hose, dishwasher, counter model mixer, hand sink, 3 door under counter refrigerator + 6 taps, 4' under counter refrigerator + sandwich station with 2 refrigerator drawers and 1 door, display refrigerator, 2 flat screen TV's, , 2 full door refrigerator, full door freezer, full door refrigerator and ice machine, etc. There is also an employee bathroom and ADA bathroom.
THE SELLERS FAMILY ALSO OWN THE BUILDING AND IF THE BUYER WISHES TO PURCHASE THE BUILDING NOW OR IN THE FUTURE THIS MAY BE POSSIBLE. Past sales and profits for recent years is as follows: 2020: $1,520,012 sales and $553,757 profit; 2021: $1,607,648 sales and $544,001 profit; 2022: $1,587,967 sales and $378,620 profit.
- EstablishedContact for Info
- Current OwnerContact for Info
- EmployeesContact for Info
- Reason For SaleOther Interests
- Square Feet1,500
- ParkingParking lot
- LicensesBusiness, ABC Type 41 (beer & wine)
- Open Hours7: M-SA lunch & dinner; Sun dinner
- Yearly Increase3%
- Monthly Revenue$120,000
- Monthly Cash Flow$32,500
- Annual Revenue$1,440,000
- Annual Cash Flow$390,000
- PayrollContact for Info
- Down PaymentContact For Info
- Note BalanceContact For Info
- Terms of NoteContact For Info
- 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.