Big Name Pizza Place Xtra Low Lease
Asking Price: | $239,000 |
Inventory: | $10,000 |
Established Year: | 2003 |
Gross Revenue: | $326,586 |
FF&E: | $18,500 |
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.