Neighborhood Restaurant with Real Estate for Sale
New Castle County, DE
| Asking Price: | $375,000 |
| Gross Revenue: | $570,133 |
| Cash Flow: | $117,775 |
| Real Estate: | $800,000 |
Listing ID: 2185717Listing provided by BizBuySell
BUSINESS DESCRIPTION
Opportunity to purchase an existing pizzeria/Italian restaurant in a heavy traffic, young professional neighborhood setting with real estate including an apartment and a second floor retail/shop. The second floor office/retail unit is receiving $26,400/yr in income, the apartment is receiving $15,900/yr.
DETAILED INFORMATION
Location
New Castle County, DE
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
2,880
Facilities
960 +/- sf Pizzeria/Italian Restaurant Ground Floor Condo
Two (2) 960 +/- sf apartments
Competition
There are other restaurants in the area but this location is central to the main bar scene and accessible/visible to traffic along the main thoroughfare
Growth & Expansion
Potential to expand into one of the apartments for more dining or events space
Support & Training
Owner will provide a training period, negotiable
Reason for Selling
Retirement
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