Turnkey and Cash-flowing Pizza Restaurant

Central Lake, MI

Seller Financing Available

Asking Price:$75,000
Gross Revenue:$311,000
Rent:$1,649/Month
Established Year:2004
Cash Flow:$36,662
Inventory:$6,500
FF&E:$80,000
BUSINESS DESCRIPTION

Delicious pizza, wings, grinders, and salads in a high traffic area!

We have decided to list our pizza restaurant for sale, located right off Main Street in the heart of Central Lake, MI. It has corner lot visibility, a large yard that works great for outdoor dining, and lots of foot traffic. We pride ourselves in offering the area the best pizza, grinders, wings, and salads. The restaurant's theme is based on a classic 1950s diner. It has lots of retro memorabilia that comes with the business, including a retro jukebox and an extensive collection of model cars that are always on display. Everything needed to start operating immediately is included in the sale, such as a 60qt Hobart, walk-in cooler, walk-in freezer, 2 Lincoln Impinger ovens, 2 make lines, dough sheeter, fryer, three compartment sink, ice machine, fountain pop machine, all tables and chairs, and all small wares.
 
We are selling because I will be moving to take care of family. I am willing to stay on for up to 4 weeks after the sale to train and support the new owner with their transition into the business.
 
This restaurant has a ton of growth potential, and the surrounding area is constantly growing. You could easily see a significant increase in sales by maintaining total operating hours, adding delivery, adding local marketing, adding catering services, and hosting community events.

Please let me know if you are interested or have any other business-related questions.


DETAILED INFORMATION
Location
Central Lake, MI
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,847
Lease Expiration
01/01/2031
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale will include all FF&E associated with the business. A complete equipment list will be provided for serious buyers.
Competition
High traffic and high visibility location right off Main Street. Located in a high tourist area with only one other restaurant in town currently offering pizza. There is one convenience store and one gas station offering pizza too.
Growth & Expansion
There are many opportunities for growth and expansion, such as introducing and expanding delivery services, hosting community events, catering, marketing campaigns, and strengthening the online presence.
Financing
Willing to negotiate
Support & Training
The seller is willing to provide training and assist in the transition.
Reason for Selling
Owner pursuing other venture

BUSINESS LOCATION
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John Steimel
John Steimel