$100k plus CASH FLOW W.Suburb 50k down w/RE

Carver County, MN

Awesome Pizzeria!

Asking Price:$175,000

Cash Flow:$106,742

Gross Revenue:$640,000

EBITDA:N/A

FF&E:$75,000

Inventory:$9,000*

Real Estate:$200,000*

Established:1964

*not included in asking price.

$100k plus CASH FLOW W.Suburb 50k down w/RE

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Business Description

$100k CASH FLOW W.suburb w/RE $50 down

Profitable Italian-themed restaurant in great western metro city. Award-winning recipes included in sale of business established for over 50 years. Very limited hours of operation (49 hours/week) makes this business perfect for an individual or couple looking to get into the hospitality business.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
32 PT / 1 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Quality built older building with many updates on the main road in town. Newer mechanical components, roof in good shape. Adjacent to many other thriving businesses with great access and parking. Great layout. very efficient operation. Option to buy real estate separately. Lease is $3.000.00/month net.
Competition:
Very little / one other pizza restaurant (delivery only) in town with low saturation levels. Only 2 other restaurants in town. Very good demographics with higher than average incomes and home values. Growing western suburb location with great schools, etc.
Growth & Expansion:
Full liquor is available, as is growth in catering and/or delivery.
Support & Training:
30 days for the new owner
Reason for Selling:
Retirement from industry

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Jerry Vlaminck

Business Listed By:
Jerry Vlaminck

Hospitality Services Corp.

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