#771
Wichita Restaurants For Sale

Cutting Edge Pizza Restaurant with Hard Liquor and Bar

$100,000

This Specialty Pizza Restaurant is on the cutting edge of design, and of course taste. It serves pizzas with flavors from around the world, exciting pallets with Asian, Mediterranean, European and, of course, American seasons! The restaurant is absolutely beautiful, with and investment of several hundred of thousands, and includes a bar with full liquor and a wood burning pizza oven. It is absentee operated and needs a working owner to take the revenues back to the profitable levels once enjoyed only a couple years ago. The owners are committed to other businesses and either travel extensively or are not based in the same city. To see more photos of this restaurant, please go to SellingRestaurants and select the link "New Registration." Then select listing number 771. There are 3 bright orange buttons. Select any one. It leads to an on-line confidential agreement. Check the box and select the button I agree. More photos and the owner's name and number will appear. Call the owner for more details. 316-516-4265.

Terence Loo

Lease

Region:

Wichita Restaurants For Sale

Lease Term:

3 years Remain + 1 x 5 year option

Total Monthly Rent:

$2,322

Security Deposit:

$2,595

Financials

Last Year's Annual Gross:

$145,000

Last Year's Food Cost %:

Last Year's Payroll Cost %:

Operations

Liquor License:

hard

# of Full-Time Employees:

# of Part-Time Employees:

# of Family Employees:

Hours Open:

Open 6 Days Lunch & Dinner Mon.-Sat.

Year Established:

2003

Hood System Type 1:

Yes

Facilities

Indoor Seating:

Inside Sq. Ft.:

3,278

Highlights

Beautiful Pizza Restaurant with Bar and Hard Liquor.
Cutting-Edge look and design.
Completely Absentee Operated.
Perfect Turn-a-Round situation or Conversion to new concept.
Several Hundreds of Thousands invested.
Low Monthly Rent of $2322 per month!
Sq. Ft. of $3,278 + NNN of $694.
Hood System Installed with Stove/Oven
Authenthic wood burning oven
Walk-in Refrig.
High traffic location
Outdoor seating space available

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	18,153	58,103	171,635
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	7,377	23,507	69,874
2010 Persons Per Household	2.35	2.38	2.33
Median House Value	$109,400	$81,538	$111,338
Income Per Household	$42,801	$35,149	$41,584
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	445	1,506	5,399
2012 Number Of Employees	14,018	60,632	188,674
2012 Total Annual Payroll	$228,892,000	$1,275,307,000	$4,014,212,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.