Newly built Pizza Restaurant in Downtown Clemson!
Asking Price: | $95,000 |
FF&E: | $15,000 |
Inventory: | $1,590 |
Great location with thousands of students walking by every day.
I am selling what is essentially a brand new Pizza Restaurant in Clemson, South Carolina.
I opened location about 10 months ago.
I own multiple business, and have completely over extended my time and focus - thus I'm scaling back.
The staurant was carefully designed with brand NEW equipment - nothing refurbished.
A few highlights on the business assets:
-Double stack Edge ovens
-Top of the line CaptiveAir hood and HVAC system.
-Large walk-in cooler, 8x10.
-2 large pizza/salad/sandwich prep tables with underneath refrigeration.
-Equipped with plenty of small wares, racks, dry storage, stainless steel tables etc.
-Nearly all equipment is under warranty.
The real estate is leased, and is not for sale or included.
Rent:
Clemson - $4,800
Size:
oughly 1,800 square feet.
My initial investment of construction and equipment:
-$456,00
Roughly 150K each in hard equipment assets.
Restaurant is currently cash flow positive. I am not involved, and am a liability to the business. It needs an active or experienced owner that can reduce labor costs, create relationships in the community, etc
The restaurant is currently part of a franchise called Romeo's Pizza. The food is delicious, kown for the sweet sauce and fresh toppings & ingredients. It can be kept in the franchise or unbranded. If kept in the franchise, the buyer will need to pay the franchise a 10K transfer fee. If unbranded the buyer will be responsible for changing the name and signage that is branded to the current franchise.
The restaurants are currently takeout and delivery model.
Pizza can be very profitable with the right owner, leadership, and direction.
I am selling the restaurant for only $95,000. I've priced this low to sell quickly. You'll want to own it in August when students return to campus at Clemson.
You will not inherit any loans or leases other than the building rent. All equipment will be acquired free and clear.
This is a GREAT opportunity for someone that wants to start or own a restaurant. I've already done all of the work and heavy lifting of construction and furnishing - it is now ready for a motivated owner.
I will NOT:
-Help train and assist after the sale. I simply don't have the time. I'm massively over extended. If you keep it within the franchise, they will help support you.
-Will NOT send financials and tax returns so that you can kick tires on something you're mildly interested in.
If you're looking for a profitable business that is cash flow positive to instantly add passive money into yourbank account, this isn't it. If you're interested in owning brand new restaurant, for a fraction of the startup cost, this opportunity is it.
I anticipate that this will sell fast at this price, good luck!
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