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Here is a great opportunity to take over a local favorite Pizza location where the seller has spent the last 14 months building sales and good will in the community.
Location has quickly become a neighborhood favorite and with continued owner operation should soon be a big money maker. Small tweaks in the operational efficiencies will lead to big increases at the bottom line. As the restaurant’s popularity continues to grow the top line sales will increase, leading to even greater bottom line numbers.
Restaurant is located in a middle income demographic area very close to schools and their much coveted and always hungry student populations.
Sales are currently in the 275k per year range and rising steadily. Seller shows 2015 net income at over 50k and that is with overstaffing that swelled payroll to 126k or nearly 47% of sales.
Restaurant Interior supports family fun atmosphere with TV’s and even a separate area for private events.
There is a very nice patio area for outside dining which nearly doubles the overall restaurant capacity.
When this place is full, there is no place in town like it. Awesome pizza, great atmosphere, good choice of tap beers, it’s the local pizza joint at its finest just waiting for an owner to maximize profits.
Space is approximately 2300 sq. ft. inside with another 800 sq. ft. of enclosed patio area.
Rent is only $1650/month. With a rent factor like that it will be easy to swell the bottom line. Not going to find many places with rent at less than .75 per foot!
With a 1650/month rent payment you could easily to catering only from this location and make serious money.
Stand alone catering, pizza only or both this is a gold mine type location.
Yelp and other online reviews are outstanding and the menu and recipes that helped earn those reviews would be yours if you keep this same concept.
Current ownership has turned this place into a turnkey operation for the next motivated owner operator.
Many different beers on tap to go with the outstanding menu.
Seller may even considering some seller financing for the right buyer.
Save yourself the headache and time associated with starting with nothing like this place did.
Get in cheap and hit the ground running, with the rent they pay, this place is a gold mine.
Please go to SellingRestaurants.com to get the name and location.
Population | 3-mi. | 5-mi |
---|---|---|
2014 Total Population | 49,470 | 194,054 |
Households | 3-mi. | 5-mi |
2010 Number Of Households | 13,899 | 61,618 |
2010 Persons Per Household | 3.33 | 2.98 |
Median House Value | $362,800 | $370,582 |
Income Per Household | $51,158 | $52,449 |
Businesses | 3-mi. | 5-mi |
2009 Number Of Businesses | 1,057 | 3,403 |
2012 Number Of Employees | 31,164 | 76,012 |
2012 Total Annual Payroll | $594,134,000 | $1,414,447,000 |
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