Select Well-Established Pizza Restaurant in Newcastle – SBA Approved!
Asking Price: | $499,999 |
Gross Revenue: | $550,000 |
Established Year: | 2021 |
Cash Flow: | $191,000 |
Rent: | $4,288 |
Rare opportunity to own an independant local pizzeria in the heart of Newcastle, California! This turnkey operation offers a widely-recognized menu of pizzas, pastas, salads, wings, and even sandwiches while keeping overhead costs low!
Established in 2021, this thriving pizza restaurant has quickly become a community staple, loved for its delicious food, diverse menu and family-friendly atmosphere. Located in a prime area, the restaurant enjoys consistent foot traffic and a devoted customer base.
For Brokers Only: If you find a willing and able buyer for this business or any of our listings, we are open to cooping on the deal and will compensate you handsomely.
Key Financial Highlights:
- Annual Revenue: $550,000
- Spacious Location: 2,500 sq ft with separate party/meeting room and kids' play area
- Great Rent: $4,288 per month
- SBA Approved: Only 20% down payment required
- Type-41 Beer and Wine License included!
Important: This is an extremely lean business with well-trained staff and low overhead costs:
Food Cost: Only 25%
Payroll: ~10%
The current owner is selling due to medical reasons and is on the lookout for a pizza-loving entrepreneur who understands how to make even more people fall in love with their pizzas.
Growth Opportunities:
- Promote the separate party/meeting room for events
- Expand catering services for local businesses and events
- Introduce fresh menu items to cater to evolving tastes
This opportunity is ideal for a passionate restaurateur looking to own a profitable pizza restaurant with an established brand and loyal customer base. The business has already cemented its place in the community, giving you a solid foundation to build upon.
For more information on this exciting opportunity, including detailed financials and operations overview, please submit a business inquiry.
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