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#5754
Maryland Restaurants For Sale

Cash Cow - Pizza Biz w/60 Year History - Full Liquor - Amazing Product

$699,000
Available
Cash Cow - Pizza Biz w/60 Year History - Full Liquor - Amazing Product



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This restaurant has been a Maryland tradition for over 60 years. The flaky rectangular pizza crust and thick pepperoni have stood the test of time as both larger corporate chains and locally owned shops have transitioned to rounder pies. This Pizza Business moved from its original location in Adelphi to College Park in 2010, bringing its charms, traditions and famous square pizza with it. Alongside its bestselling pizza and lasagna, the restaurant also sells other classic Italian dishes and American favorites including seafood, sandwiches and chicken.
While continuing to uphold its comfortable, family-style ownership and atmosphere, the restaurant offers an impressive amount of space that welcomes large parties, with multiple dining areas and a full bar. It has partnered with the university of Maryland for many events, and continues to satisfy families and visitors throughout College Park. If you’re a Maryland or Sports fan, there is no place better to grab a bite before or after a game. This IS the Original Pizza Business Operation. The tradition remains!
Keeping in line with Pizza Restaurant’s policy of fresh ingredients and homemade dishes, the meat used in the restaurant is all cut by hand. The thick pepperoni that made the company famous was originally used to save time, since using thicker slices of meat meant the job was done faster, according to the owner.
Across the street from the restaurant will be the new Town Hall for the City of College Park and will consist of the following space;
CITY HALL – 39,000 GSF
UNIVERSITY OF MARYLAND – 45,000 GSF
RETAIL – 10,000 GSF
The restaurant is connected to a 300+ space garage that supplies ample parking for the restaurant and Downtown College Park area.
The bar seats 12 at the bar and another 50 seats on the floor area. There is an 8-tap beer tower and large screen TV’s throughout this room. There is a large keg box situated behind the bar with a direct draw to the tap system. The floor is poured concrete and has hard wood paneling along with stone finishes.
The dining room seats 75 with booths and tables. A large screen TV is in this room also.
The private dining room has folding doors into the dining room and seats 60 people. There is a large collection of Maryland memorabilia as well as local High Schools. The restaurant has 6 POS stations.
The kitchen has a 28’ hood with 2 double stack Bakers Pride Pizza ovens, 6 burner stove, char broiler, flat top grill, 3, 2 basket fryers, steam table, sandwich table and large prep area. There is another 7’ hood with burners underneath. Numerous walk in Fridges and Freezers along with reach in fridges are plentiful.
“It’s not just the food. It’s the atmosphere. It’s the history.” Now is your chance to be involved with this legendary Restaurant. Don’t wait, contact our office for further information.

This is a Restaurant Brokers and Developers, Inc. listing.
Broker Jim McGinnis DRE License #79447

Lease

Region:
Maryland Restaurants For Sale
Total Monthly Rent:
$14,000

Financials

Last Year's Annual Gross:
$1,820,000

Operations

Liquor License:
Full, 7 day
# of Full-Time Employees:
6
# of Part-Time Employees:
16
# of Family Employees:
1
Hours Open:
11:00 am-10:00 pm
Year Established:
1955

Facilities

Indoor Seating:
197
# of Parking Spots:
Parking garage
Inside Sq. Ft.:
5,800
Total Building Sq. Ft.:

Highlights

  • This is The Original Ledo Restaurant
  • Very well known concept
  • Full Line Italian Menu
  • Bar with 12 stools
  • A University of Maryland Legend
  • Nearly $1.9 million in Sales
  • Best Pizza in Town
  • Huge Crowds

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 27,121 123,346 379,824
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,332 38,605 121,333
2010 Persons Per Household 2.68 2.97 2.94
Median House Value $267,800 $232,465 $279,520
Income Per Household $61,952 $59,608 $64,276
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 611 2,063 6,611
2012 Number Of Employees 14,768 59,852 217,942
2012 Total Annual Payroll $275,150,000 $1,450,576,000 $4,294,967,295

click for more demographic info

Disclaimer

Although information contained herein is from sources deemed reliable, such information has not been verified by Restaurant Brokers and Developers, Inc. and is submitted subject to errors, omissions, change of price or withdrawal or further change without notice. Prospective purchasers should conduct their own study & due diligence to determine the feasibility of the business and property as to their requirements.
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