40 Year Pizza Business - Real Estate for Sale

Grand Junction, CO (Mesa County)

40 Year Pizza Business - Real Estate for Sale
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Asking Price: $220,000

Cash Flow: $100,000

Gross Revenue: $536,000

EBITDA: N/A

FF&E: $150,000

Inventory: $10,000*

Real Estate: $300,000*

Established: 1978

*not included in asking price.

40 Year Pizza Business - Real Estate for Sale

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Business Description

This is a busy and profitable restaurant with more than 40 years of successful family ownership behind it. The signature product is a Detroit style square pan pizza and that is a crowd pleaser! The business has focused on providing lunch and dinner to downtown customers. Walking distance to the downtown shopping and nightlife area. The location enjoys high visibility from a busy street and excellent parking.

This restaurant is large enough to produce a nice income for an owner operator and small enough for a hands-on operator to run easily with a few staff. The current owner stepped in when the founding generation wanted to retire and now would like to return to an established and unrelated career track.

This business enjoys a prominent location with good visibility, access and parking.

Please Note: Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the means to complete a transaction of this size before additional confidential information will be disclosed.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Owned. Seller prefers to sell the property with the business but will consider other deal structures.
Competition:
There are many other restaurants in the Grand Junction area.
Growth & Expansion:
The addition of some higher priced menu items could grow sales. Returning to seven days per week would increase sales.
Financing:
Seller prefers a cash buyer.
Support & Training:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Reason for Selling:
Returning to unrelated career.
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Contact the Seller

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Steve Hitchcock

Business Listed By:
Steve Hitchcock

Touchstone Business Advisors

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Sponsoring Broker:
Charles Spickert, CBI

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