Reduced! Pizza Place! Now only $64,995! West End!

Seller Financing Available

You might think this reduced price of $64,995 a "typo" for an established Pizza Place in a long established West End Shopping Center, but it's not! It's just a very unique situation and a perfect opportunity to "steal" an ongoing pizza operation in Richmond's prized West End at a "rock bottom price"! While take out and delivery account for the majority of sales, the location also has 14 seats (10 inside and 4 outside).

The Seller purchased the restaurant in June of last year (2023)following his decision to retire after 27 years at a major corporation. The problem: After closing on the deal, the corporation "made him an offer he couldn't refuse to remain on" and he did.

Initially, he thought he could handle both, but in the ensuing months it proved to be too much. He has since reduced the hours of operation to 4:00pm-8:00pm, Tue-Sat, or only 20 hours weekly. Basically "caretaking hours" while looking for the right buyer.

After assuming ownership, the seller made a few tweaks to what was already an excellent product including slowing the conveyor down to get a "better cook". The customer response has been great and over the past six months, the ratings on both Yelp and Slice have climbed to "5 Stars".

The space is 1,080 sq ft, base rent is $2,070 monthly or $23.00/sq ft, and the facility is in excellent condition. All electrical, plumbing, and mechanical and all furniture, fixtures, and equipment are warrantied to be in good condition/good working order at time of sale.

To put this sales price of $64,995 in proper persective, the furniture, fixtures, and equipment alone are worth well more than $100K. To build this same restaurant out and equip it in this same space would cost well in excess of $200K.

It's the perfect "starter restaurant" for someone who wants to enter the restaurant business at very low risk. It's a perfect location for someone who wants to expand an existing restaurant to a second location. It's a perfect restaurant for just about anyone.

If interested, act now or very soon. It's hard to imagine this "little gem' remaining on the market for very long.