Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$85,000	Inventory	$1,000*
Gross Income	$200,000	Real Estate
Cash Flow	$65,000	Year Established	1999
FF&E	$85,000*	Employees	4

* included in the asking price

** not included in the asking price

Health forces sale of this positive-cash-flow neighborhood pizzeria in Northwest which has been established for 21 years and operating at the current location for 10 years. Given this kind of longevity, the business has built a solid reputation according to the seller. The location is excellent says the seller since it is surrounded by neighborhoods, businesses, and apartments that stretch as far North and West as the mountains. Plus it has good intersection visibility, great rent, a solid 5 year lease with 5 year option, and ample parking. Has small dine-in area and also delivers. Besides pizza, the menu items include subs, salads, pasta, stromboli, calzone, chicken and seafood. Pizza is hand-spun New York style. Equipment includes 2 Bakers Pride pizza ovens, Hobart 60 quart dough mixer, 2 freezers, 3 refrigerators, 2 fryers, stove top range/grill w/casters, pizza make table w/casters, Mega Top sandwich table, ice machine, Hobart heavy duty slicer and more. Additionally, seller has $45,000 worth of pizza restaurant equipment in storage (including 2 Bakers Pride pizza ovens and a whole lot more)--almost enough equipment to start a second pizza location--which is included in the purchase price.

Facilities: Leased location of 1,200 square feet with a total rent of $1,748. Seller is active in business with 1 full time employee and 3 part time employees.

Seller Financing Available: Yes

Financing: 75k down OWC 10k @ 8% for 36 mon

Support/Training: 1 week

Reason Selling: Health Forces Sale