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Price Reduced: Established Restaurant Thurston County

Thurston County, WA
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Asking Price:$299,000
Gross Revenue:$1,389,107
FF&E:$128,272
Cash Flow:$105,042
Inventory:$4,000
Established Year:2002
Listing ID: 2173839Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well Run & Profitable Restaurant - Bring Your Own Concept - Thurston County

Don't miss the opportunity to acquire this popular and profitable spot that is currently a family pizza and Italian food restaurant franchise or you can bring your own concept. It is currently a regional franchise in operation for over 21 years available for purchase but not required. This restaurant has all the equipment, walk-ins, hoods and ovens to make it your own. They currently provide an extensive menu of delicious authentic Italian food, fettuccine, tortellini, ravioli, spaghetti, lasagna, salads, soups, sandwiches, steak, chicken, calzones, pizza and desserts for dining in, delivery or take out. They, also, offer beer and wine.

DETAILED INFORMATION
Location
Thurston County, WA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,115
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The well designed kitchen make for optimum flow of food preparation and delivery. There is 2,115 sq ft at $3,838.61/month. The lease is currently a month-to-month agreement. The Landlord will give a 5 year lease and 5 year option to an approved Buyer. Terms to be negotiated with the Buyer and the Landlord.
Competition
IBIS World reports that consumers regard dining out as a small, yet affordable, luxury. During the current five-year period, revenue growth was supported by a significant shift in consumer expenditure to quick-service dining items as consumers opted for lower-priced meals. For example, consumers have indicated a preference for quick-service pizza shops, where pizza can be ordered online, rather than traditional sit-down pizza restaurants.
Growth & Expansion
Owners say there is a strong potential for growth especially with catering.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Health reasons.
Franchise
This business is an established franchise
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Claudia
Smith
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Claudia Smith
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