Fast Growing, Very Profitable Pizzeria

Summary Information

Internal ID:
Price:
Total Sales:

Seller Discretionary Earnings:
FF&E:

Year Established:

Days and Hours of Operation:
Reason for Sale:
Listing Status:

PIZZA6

$975,000

$1,378,114

$504,971
$187,000

2020

11-9 M-S 12-9 Sun
True Retirement
Active

Summary

Description:

This authentic, New York style pizza, family oriented Italian restaurant is located in a densely populated area, on a busy highway. It is in a prime shopping center with ample parking for dining-in or picking-up great Italian food. No Delivery!
The owners operate with a “family feel” atmosphere. With a vast menu and great service, they have quickly built a loyal following and continue to grow with new customers every day!
There has been pizza at this location for 10+ years, The owners took over in October of 2020 and invested over $300,000. Then started using their family recipes, refined over 47 years. Sales immediately took off and now exceed $26,000 a week!
Their menu has many classic Italian dishes, all made from scratch with the best ingredients available. This #1 rated REAL New York style Pizzeria offers; pizza by the slice, chicken marsala or 6 pizzas for a football game.
With extensions, there are 11+ years left on their lease. All records can be validated by POS systems and tax returns. SBA financing is available for qualified buyers.

Competition:

There are many options for Pizza

Growth and Expansion:

This business continues to grow organically

Location

Location:

Facilities Type:

Monthly Rent:

Building Square Feet:
Facilities Description:

Wake County

Strip Center

$3,231

1,600

New upfitted space with new tables/chairs, well lighted

Labor

Full-time Employees:

6

Support and Training

Support and Training:

One owner will train buyer with recipes and processes. Second owner would stay on indefinitely.

LISTING BROKER

George Bradbury, CBI

George Bradbury, CBI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607

Summary Information

Internal ID: PIZZA6
Price: $975,000
Total Sales: $1,378,114

Seller Discretionary Earnings: $504,971
FF&E: $187,000

Year Established: 2020

Days and Hours of Operation: 11-9 M-S 12-9 Sun
Reason for Sale: True Retirement
Listing Status: Active

Summary

Description:

This authentic, New York style pizza, family oriented Italian restaurant is located in a densely populated area, on a busy highway. It is in a prime shopping center with ample parking for dining-in or picking-up great Italian food. No Delivery!
The owners operate with a “family feel” atmosphere. With a vast menu and great service, they have quickly built a loyal following and continue to grow with new customers every day!
There has been pizza at this location for 10+ years, The owners took over in October of 2020 and invested over $300,000. Then started using their family recipes, refined over 47 years. Sales immediately took off and now exceed $26,000 a week!
Their menu has many classic Italian dishes, all made from scratch with the best ingredients available. This #1 rated REAL New York style Pizzeria offers; pizza by the slice, chicken marsala or 6 pizzas for a football game.
With extensions, there are 11+ years left on their lease. All records can be validated by POS systems and tax returns. SBA financing is available for qualified buyers.

Competition:

There are many options for Pizza


Growth and Expansion:

This business continues to grow organically

Location

Location: Wake County

Facilities Type: Strip Center

Monthly Rent: $3,231

Building Square Feet: 1,600
Facilities Description:

New upfitted space with new tables/chairs, well lighted

Labor

Full-time Employees: 6

Support and Training

Support and Training: One owner will train buyer with recipes and processes. Second owner would stay on indefinitely.

LISTING BROKER

George Bradbury, CBI

George Bradbury, CBI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607