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Overview
Italian Restaurants
Fast Growing, Very Profitable Pizzeria
Price: $975,000
Listing ID: PIZZA6
Entity Classification(M): S-Corp
Annual Sales: $1,378,114
Seller Discretionary Earnings: $504,971
Included Inventory: $6,000
FF&E: $187,000
Year Established: 2020
Days & Hours of Operation: 11-9 M-S 12-9 Sun
Inventory: $6,000
Reason For Sale: True Retirement
SBA Pre-Approved: Pending
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 PizzaGrowth & Expansion Opportunities:
This business continues to grow organicallyCompetitive Advantages:
No Delivery
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Carmen Marzella, Esq.
Senior Broker - Attorney - Team Counsel - Cary, NC
Office: (919) 653-8800 Ext.1
Cell: (919) 413-5763
Contact Listing Broker
Real Estate Transaction Handled by

2009 Caminos Drive, Raleigh, NC 27607
Real estate agent's disclosure FormLocation
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 lightedLabor
Full-time Employees: 6
Support & Training
Support & Training:
One owner will train buyer with recipes and processes. Second owner would stay on indefinitely.