17555-Great Artisan New York Style Pizza Restaurant

AZ

Seller Financing Available
17555-Great Artisan New York Style Pizza Restaurant
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Asking Price: $297,000

Cash Flow: $80,000

Gross Revenue: $542,000

EBITDA: N/A

FF&E: $40,000

Inventory: $7,500

Established: 1986

17555-Great Artisan New York Style Pizza Restaurant

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Business Description

Operating from its headquarters in Mohave County, Arizona, the company is a long-standing, quality artisan pizza, pasta, and Italian restaurant. The primary product lines consist of artisan, New York Style Pizzas, as well as appetizers, pasta, desserts, and other authentic Italian dishes. With a liquor license, the company is able to serve beer and wine to their clients. With a high traffic and easily visibile location, the leased facility is 1,200 square feet with ample dining amenities and kitchen space. The facility recently updated tables, chairs, the freezer and more, so it’s in good condition. Since its inception over 20 years ago, the company has grown exponentially, with the majority of its revenues coming from repeat business and strategic market capitalization in its geographic market. The customer base consists primarily of local and regional residents seeking quality, authentic New York Style Pizza. With a manager in place, the company has a proven track record of being able to stay ahead of market trends by capitalizing on repeat business methods from local area residents, in lieu of relying heavily on tourist traffic. The marketing efforts focus on targeting delivery specials in the area, while also diversifying its offerings. By providing delivery services, the company maintains an even higher presence in the market by being able to capitalize on its customers on-demand requests. In 2018, the total revenue was $542,423, with Seller’s Discretionary Earnings of $79,865. The company has seen stable revenue and profit growth year after year and shows no sign of slowing down. The ownership believes that its quality reputation, excellent reviews, service, operational capabilities, and diversity in the marketplace has attributed to the company’s continued success. There are many opportunities presented for new ownership to continue growth with minimal capital infusion, one way being to offer more catering services.

Detailed Information

Inventory:
Included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner is available for a standard transitioning period up to one year.
Reason for Selling:
Other interest
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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