Mansfield-Nets 550k-Turnkey Pizza Pub
| Asking Price: | $1,400,000 |
| Established Year: | 2010 |
| Cash Flow: | $625,000 |
Greater Mansfield Area~ Turnkey gorgeous PIZZA PUB-just upgraded, NEW!
SELLING PRICE: $1.4 million… SBA bankable for 10yr term/ only 10% down
SALES VOLUME; $65K to $70k wk. TAKE OUT: 25%
LEASE: $12K mo. (includes RE taxes). The seller will give as many years as you like.
SQUARE FOOTAGE: 8,000sf. plus cellar-main floor 4,000 sq ft, cellar, 4,000 sq ft.
HOURS OF OPERATION: Now &7 days; 11.30-1am
SEATING: 180 inside (bar seats 45) (function rm seats 40)
Estimated Annual Net Profit: $625,000/yr… verifiable
COMMENTS:
Free-standing, beautifully built out PIZZA PUB w/ full menu, 2 kitchen lines, pool tables and amusement room (nets $1,200 /mo. plus KENO nets $50K/ yr. with 3 rentals upstairs at $700 each/ mo. Available for debt service is approx. $90k/ year). Huge gorgeous bar,14 yrs in operation, well known, plenty of parking. This restaurant has it all… plus, NOW OPEN SUNDAY"S , Sundays sales are 10k now /Owner pockets $5k every sunday or $20k a month.(Just food-Labor & Utilities for a $42% sunday bottom line). Enough to pay the debt service alone.WOW! This Is a Money making machine!. Go after catering, Kitchen can handle any amount of business, easily a $4 to $5 million + location. Prints money. The owner has a great chef, manager and supervisor, fully trained staff and is totally turnkey.This my friends will not last, Multiple sources of income, profitable restaurant, fabulous following, immaculate in and out!
We show it with notice at 9am weekdays.Hurry, accepting Offers!
