Established and Profitable Pizzeria For Sale

Cranston, RI (Providence County)

Seller Financing Available
Dining Area
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Asking Price: Get Financing: $185,000

Cash Flow: $91,000

Gross Revenue: $572,000

EBITDA: N/A

FF&E: $75,000

Inventory: N/A

Lease Rate: $2,700 /Month

Established: 1980

Established and Profitable Pizzeria For Sale

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Business Description

Established and Profitable Pizzeria For Sale!

Three key words describe this landmark pizzeria. Successful....Established...Profitable..... This business has been serving some of the best Italian fare for over 35 years in the state of Rhode Island. From the day it opened, its been a leader in this market segment. This is usually the type of business that is sold before it hits the market. It's an incredible opportunity to walk into a history that has formed deep roots in the community it serves. It's also a very simple business to operate and perpetuate since all of the hard lifting has already been done for you. If you want to be in the pizza industry, easy financing terms make this buy a slam dunk. Don't blink, because this business opportunity is going to go fast. Call now

Detailed Information

Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
10/31/2027
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1000 SF end unit located in a very busy neighborhood strip center. All Furniture, Fixtures and Equipment are in good working condition and well maintained.
Competition:
There is plenty of competition in this market segment in this densley populated city. . However, this Pizzeria has been around since 1980 and enjoys a very solid reputation for providing great food at reasonable prices. Not to mention it has a large customer base that has been parading through its front doors for over 35 years.
Growth & Expansion:
While the current volume is very good, some new energy and promotional ideas could go a long way toward increasing sales and beating the competition. Otherwise, you could just continue to enjoy the present level of profitability.
Financing:
Financing is available to qualified buyer with a minimum down payment of 100K
Support & Training:
Available and negotiable and typically runs concurrently with due diligence period.
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Alexander J. Biliouris

Business Listed By:
Alex Biliouris

Alli Realty, LLP, d/b/a, Keller Williams Next Move Realty

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