| Asking Price |
$95,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
242,116.00 | Real Estate |
none** |
| Cash Flow |
$115,952 | Year Established | 1999 |
| FF&E |
$29,625* | Employees | 5 |
* included in the asking price
** not included in the asking price
This turnkey Pizza Restaurant has over 30,000 cars a day drive by. It's menu variety, the finest and freshest of food used and service orientation has given this business a unique position in the market place. A menu variety of 12 types of pizza's,8 types of Strombol's and Calzones, 10 types of Pasta, 9 different salads, 5 appertizers, veal and chicken, 9 offerings of hot and cold subs, 3 types of deserts and a variety of soda beverages are offered. The business has been at the same location for over 8 years. This approximately 1000 Sq Ft Restaurant is offering sit down, take out, delivery and catering. The demographics for this business show a population of 135,000 people.
Facilities: The business has a 3 year lease that will automatically renew for successive additional periods of 3 years each unless notice is given not to renew. The current lease will expire on 12/31.2010. The current rent is 1,471.00 per month and has a 3% annual escalation. The tenant pays for their own utilities. All the furniture fixtures and equipment will convey with the business. The restaurant is located in a shopping center with plenty of parking.
Financing: none
Support/Training: Owner will stay on to train.
Reason Selling: Owner is relocating

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