Business Summary:
LISTING ID # 37610HIGH VOLUME PIZZERIA – OVER $1.2M GROSS SALESABSENTEE OWNER • LOW RENT • SELLER FINANCING AVAILABLEExceptional opportunity to acquire a high-volume, well-established pizzeria located in the center of a massive shopping center with parking for over 1,000 vehicles.This 1,800 sq. ft. store is consistently grossing between $23,000–$27,000 per week, with documented gross sales of approximately $1.2 million over the past 12 months. The business operates with an absentee owner and a fully staffed team already in place, making this an ideal opportunity for either an experienced operator or a hands-on family business.A qualified owner-operator, especially a working pizza man, has the potential to significantly increase net income by replacing payroll and improving operational efficiencies. Estimated Seller’s Discretionary Earnings for a hands-on operator are approximately $208,000 annually.BUSINESS HIGHLIGHTS• High visibility location in a major shopping center• Parking for over 1,000 cars• Consistent weekly sales of $23K–$27K• Approximately $1.2M gross sales annually• Low rent of only $5,200/month including CAM and taxes• 7 years remaining on current lease• Extension available for a qualified buyer• POS system in place• Solid books and records• Receipts and invoices available for verification of financials over the past 18 months• Fully staffed operation with experienced employees• Absentee ownership, currently.STAFFING• 1 Full-Time & 1 Part-Time Pizza Man• 1 Full-Time & 1 Part-Time Cook• 2 Part-Time Kitchen Prep Employees• 8 Part-Time Counter EmployeesFAVORABLE DEAL TERMSThe owner is highly confident in the strength and stability of the business and is offering attractive seller financing:Asking Price: $365,000Down Payment: $250,000Seller Financing: $115,000 over 24 months at 0% interestBUYER REQUIREMENTSSerious and financially qualified buyers only.A minimum of $250,000 in liquid funds is required.Proof of funds will be requested prior to scheduling a buyer-seller meeting.CONFIDENTIAL SALEAll inquiries and discussions are strictly confidential.Please do not speak with employees, customers, or neighboring businesses regarding the sale. All showings are by appointment only.For additional information, contact:Mel [email protected] For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-37610 for instant access to this business information.
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