Established and Successful Pizza Pub

Danville, KY (Boyle County)

Established and Successful Pizza Pub

Asking Price:$400,000

Cash Flow:N/A

Gross Revenue:$755,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:6

Established and Successful Pizza Pub

Get Financing Save Print Share Valuation Report

Business Description

Turnkey Restaurant in Historic Building on Main Street.

Known as one the best Pizza restaurants in the entire state of Kentucky, we have built and developed this business from the ground up. Starting in a tiny 1200 sq. foot space, we are currently located in a 5000 sq. foot 150 year old building, with exposed brick work and arches, and seating capacity for 150 people (currently seats around 100). Established local clientele, with a world class college nearby. The restaurant currently has four (4) Liquor and Malt Beverage Licenses: A quota bar license, a malt beverage license, a retail malt beverage license, and a sidewalk cafe license. We are known as an oasis of Craft Beer, as we were one of the first restaurants to feature micro-brewed beer in the Central Kentucky region.
This business has cash flowed since the day it opened, and has room for expansion (we are currently open Tuesday-Saturday, and close at 10:00 pm). Decorated with Jam Band memorabilia and nature photography. We are avid collectors, and while most of the art is NOT included in the sale we would love to help you track down concert posters and other ephemera to reflect your tastes.
Our old school handmade way of doing pizza is rooted in the way pizza is made best: dough made fresh daily, deck ovens, and the very best meat, cheeses, and produce.
Ask around our city, and you find that this restaurant is an institution, and is beloved and supported by the community at large.
All fixtures and equipment that we own (and not the Landlords) are included in the sale.

Detailed Information

Employees:
25
Facilities:
Leased space is 5,000 sq. feet, with two large dining rooms, large granite bar (seating for 15) and a large kitchen. Women's restrooms (3 stalls) and Men's restroom (two urinals and two stalls). Equipment: Two keg coolers with 9 taps, bottle cooler, back bar with shelving, blender, and bar smallwares. Scotsman pellet ice machine, outdoor freezer and two P.O.S. systems Four Peerless deck ovens, American Range fryer, flat top, and 6 burner range. 96" pizza prep table and multiple refrigeration units. All tables and chairs and many decorations.
Competition:
We are the top independent restaurant in our community, and our only competition are the chain restaurants located on the by-pass (Cheddar's, Applebee's, O'Charlie's) and two other local restautants In our Downtown area. Prime location, we have been at the forefront of Danville's growth and expansion. As a restaurant we brought craft beer to our city, and are listed on the Brewgrass Trail.
Growth & Expansion:
We are only open Tuesday through Saturday 11:00 am to 10:00 pm, with multiple days closed including NYE, Thanksgiving, Memorial Day, Laror Day etc. This represents a substantial increase in gross sales. We would like to see the next owners actively pursue growth and expansion, and feel the concept is prime for franchising and/or additional locations. We have a number of markets in Kentucky that would be suitable locations for satellite Bluegrass Pizza and Pubs. Our background not only in restaurants in restaurants and construction will facilitate growth.
Support & Training:
70 days support and training. We would like to help you continue to build and develop this company to it's fullest potential. We also have a strong desire to see it remain a shining star within the community.
Reason for Selling:
Lifestyle change.

Listing Statistics for Premium Members

Business Location



Ad#:824088 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Colin Masters

Show Phone Number
Find out more...

Get more details about this business.


Similar Listings


Zoup!

Franchise Opportunity
Capital Required: $375,000