Well-Established Pizzeria in Gulf Coast Alabama

Baldwin County, AL

Seller Financing Available

listing image
Asking Price:$370,000
Gross Revenue:$652,000
Rent:$1,950/Month
Established Year:2004
Cash Flow:$115,000
Inventory:$5,000
FF&E:$125,000
BUSINESS DESCRIPTION

Become the owner of this well-established pizzeria located just a short distance from the popular beaches of the Alabama Gulf Coast. This business is located on the main highway that leads to the beach area of the Alabama coast. Longevity is a key factor in the success of a business and this business has been at the same location going on the 12th year of operation. This business has not only stood the test of time but has continued to grow each year since the business was started. Step into the ownership of this business and began earning over $100,000.00 a year as the proud owner of a successful Pizza restaurant. This is a turnkey sale and all furniture, fixtures and equipment remain with the sale and are in excellent condition. Everything is in excellent condition and a new owner will be serving up pies the day they take over the business. The square footage of the business is 1600 sq.ft and the lease is good until the end of 2025 and can be re-negotiated for additional years. The landlord would like to keep the business in the location due to the strong flow of foot traffic to the strip center. The strip center has ample parking to accommodate up to 75 vehicles. There is indoor dining as well as take-out and pick-up service along with delivery service through Uber eats and Door Dash. With a strong emphasis on catering, the sales could reach $1,000,000.00 easily. The current owner is selling due to health reasons and will consider all offers. While the owner values confidentiality of the sale, specific details are available by contacting the broker.


DETAILED INFORMATION
Location
Baldwin County, AL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
31/12/2025
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facilities are in excellent condition and offer seating for up to 50 customers. There is alcohol service of beer and wine. The restroom facilities are well maintained and there is more than ample parking available to accommodate all customers. The equipment and building have been updated and offer an excellent Italian flair for the comfort of the customers.
Competition
Due to the rapid growth of the area, the market is very strong. As more people and businesses continue to move to the area, this will only strengthen the market. The competition in the immediate marketing area consists of all the national brand pizzas and none of them offer indoor dining.
Growth & Expansion
The expansion of the business is outstanding. With 20 plus years in the current market and previous location in Gulf Shores, the brand is strong and has been well received in both locations. Expansion throughout Baldwin County would be highly suggested. The current growth of the business can be increased with a powerful entry into the catering of the products. Baldwin County is the fastest growing county in the state of Alabama and offers an excellent opportunity for catering with all the new businesses locating in the area.
Financing
Some owner financing possible with 65% down payment, references and good credit.
Support & Training
The Seller will offer up to 30 days of in-house training on all aspects of the business along with continued consultation by phone, text or email, for an additional 30 days.
Reason for Selling
Relocating
Report an Issue with this listing
profile-img
Randy
Shurbet
logo-img
Randy Shurbet