Big Name Pizza Place Xtra Low Lease

Edmonds, WA
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Asking Price:$239,000
Inventory:$10,000
Established Year:2003
Gross Revenue:$326,586
FF&E:$18,500
BUSINESS DESCRIPTION

Big name pizza and pasta restaurant with incredibly low monthly lease. Established in 2003, yeah, that’s right, there is a loyal customer here that’s over 20 years long. Some of the customers here came here as kids and are now bringing their own kids to enjoy this pizza place.

2800 square feet with a dining area that seats over 90, and even has beautiful patio seating as well. Fully equipped kitchen with a type 1 hood and a walk-in refrigerator.

This is not a franchise but does boast a big, well-known name and game-winning recipes. Nonfranchise also means you have the freedom to modify the menu. There are no extra fees, royalties, or restrictions. So, if you have some good menu ideas or decor, you can go for it. It also means you create your own specials and coupons.

The rest of the toppings on this pie (great things to know) is this business is located on a busy street with little to no competition in a very low crime area. This has an easy menu to learn and transition into for new owners, managers, and employees.

You don’t need to be a trained gourmet chef to make a lot of dough ($$$) here. Seller willing to train new owner in all aspects of this business to include recipes. It should be noted that this training is top level as over the years 3 past employees have gone on to open their own successful pizza restaurants.

This business lends itself well to semi-absentee or even absentee ownership. Most everyone loves pizza; and pizza profit margins are still quite good. Currently, it has its own delivery drivers, but if the new owner wanted to add 3rd party delivery to this business plan, the area of coverage and profits would expand.

If you’re looking to buy a successful pizza and pasta business with a foreseeable strong future, you should take some time to check this one out.


DETAILED INFORMATION
Location
Edmonds, WA
Inventory
Not Included in asking price
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Monthly Lease is only $2700 per month. The lease expires in July 2026, landlord good people who are easy to work with and are willing to extend the lease. 2800 SQ FT inside seating is over 90, and an outside patio as well. It has a type 1 hood and walk-in refrigerator in the kitchen and the space to add a full bar. Plenty of free parking in a big shared parking lot.
Competition
A big, well-known name in town with little to no competition.
Growth & Expansion
Nonfranchise means you have the freedom to modify the menu. There are no extra fees, royalties, or restrictions. So, if you have some good menu ideas or decor, you can go for it. It also means you create your own specials and coupons. Little to no social media advertising or marketing is being done. No catering accounts pursued even though pizza and pasta are the perfect catering meals. Currently, it has its own delivery drivers, but if the new owner wanted to add 3rd party delivery to this business plan, the area of coverage and profits would expand.
Financing
N/A
Support & Training
You don’t need to be a trained gourmet chef to make a lot of dough ($$$) here. Seller willing to train new owner in all aspects of this business to include recipes. It should be noted that this training is top level as over the years 3 past employees have gone on to open their own successful pizza restaurants. Two weeks of training offered.
Reason for Selling
Owner wants to reitre
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David
Smith
The Agency NW RE
David Smith