High Volume Italian Pizzeria, serving the Hampton Roads Area


Seller Financing Available
Hampton Roads Pizzeria

Asking Price:$199,000

Cash Flow:$100,000

Gross Revenue:$500,000





High Volume Italian Pizzeria, serving the Hampton Roads Area

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Business Description

Excellent opportunity for an owner operator to make real money!!! High volume Hampton Roads Italian Pizzeria has been open for almost two years but hasn't reached it's peak. Since it opened in 2014 the owner has already expanded into the adjacent space. Currently, the business is running 40-50% ahead of last years sales.The business opened with all new equipment and modern build out. It is fully equipped with the latest point of sale technology.

Long term lease with very low rent for this area. The location is surrounded by commercial centers and triple A office space and is located in a very attractive and well maintained shopping center. The center is a mix of retail and offices. The owner installed an On Line ordering system which creates tracking for customer's buying history and sales records.

Deliveries and carry out represents almost 80% of the sales. The attractive seating area is seldom used and has a service station that could easily become a bar that would encourage more eat in dining. The restaurant already serves beer and wine.

The business has been successfully using direct mail advertising that is fed by the On Line ordering data and other food delivery system in the marketing area. The business will exceed $600,000 in revenue in 2015. The owner believes in aggressively advertising but the real opportunity lies in the comfortable and spacious dining room.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
2,720 sq. ft. leased space
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Other Business Interests

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Charles Broadwater

Business Listed By:
Charles Broadwater

Sunbelt Business Brokers / Broadstone Capital LLC.

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