North Central VA Profitable Pizza & Subs Restaurants For Sale!!!!
| Asking Price: | $1,250,000 |
| Gross Revenue: | $1,279,211 |
| Rent: | $3,565 |
| Established Year: | 1999 |
| Cash Flow: | $504,083 |
| Inventory: | $8,000 |
| FF&E: | $100,000 |
Year Over Year Growth - Located in a High Population Density Area
Executive Summary
Key Investment Considerations:
• Gross Revenue of $1,232,488 in 2021 & $1,279,211 in 2022 during Covid-19.
• $492,147 in Seller Discretionary Earning in 2020
• $504,083 in Seller Discretionary Earning in 2021
• Tracking for $1,403,395 in revenue & $595,959 in Seller Discretionary Earnings by end of 2023.
• Business established and under the same ownership since 1999.
• Reason for sale: Retirement & Relocation
• Well-known brand for Pizza & Subs restaurant in serving area since 1999 and under the same ownership.
• Google 4.5 rating with 356 reviews.
• Yelp 4.1 rating with 34 reviews.
• Current lease is good through 12/31/2026 with options to renew.
• Carryout & delivery services.
• Turn-Key operation.
• The seller is willing to train for 4 weeks after closing.
• Pandemic proof business model with opportunities to grow.
• $100,000 worth of FF&E included in the listing price.
This North-Central Virginia Pizza & Sub Restaurant opened and has been under the same ownership since 1999. It serves only the best Italian food in a casual and friendly atmosphere that will make you feel like you are eating in Italy. Owners carry on the old-world traditions. They are passionate about food and the recipes that family has passed down through the generations. The mission is to spread their love for food with each dish that leaves the kitchen.
Because of retirement & relocation, current business owners are putting this business in the market and hence this great opportunity for acquisition.
