Huge Price Change- $165 K to $125K -Pizza Restaurant (non-franchise)

Sullivan County, TN

Seller Financing Available
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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: $350,000

EBITDA: N/A

FF&E: $25,000

Inventory: $10,000

Rent: $2,800 /Month

Established: 2016

Huge Price Change- $165 K to $125K -Pizza Restaurant (non-franchise)

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Business Description

Profitable non-franchise restaurant with strong growth prospects due to significant new housing in the immediate area.
Offered is an opportunity own your own pizza restaurant complete with $25,000 of inventory on day of purchase. Pizza is a high profit margin business, this one is established and comes with a growing customer basis with limited competition. Located in a high traffic shopping center, all you need to do is continue its reputation for good quality food at reasonable prices.
The great pizza menu selection is coupled with delicious baked sandwiches, spaghetti entrees, wings, and salads. Has on-line ordering system, a major contributor to revenue. Business is in leased space in a clean and well maintained space you can be proud to call your business.

Detailed Information

Location:
Sullivan County, TN
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
1/1/2021
Employees:
3 FT, 7 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,400 square feet in busy strip center surrounded by commercial businesses and a fast growing residential developments of single-family and high-density apartment developments. When opened, this space was built out as new construction. Inside seating is rated at persons.
Competition:
Although there are other fast-food and sit down casual food establishments nearby, there is only one other business offering pizza (franchised) within 8 miles of this location. The competitor has no sit down dining available. This restaurant would be easy to expand the menu offering to attract more customers as it would be one of only a couple of casual sit-down dining in the immediate area.
Growth & Expansion:
With its abundant space and exceptional location, this business is a great platform to add and test an expanded menu to appeal to more customers. Well positioned to offer catering and event supply to nearby industrial and service businesses.
Financing:
To Qualified Buyers
Support & Training:
Experienced manager and employees in place. Will train to extent necessary.
Reason for Selling:
Owner has catering businesses for major events leaving little time for family.
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Ramon Sanchez-Vinas

Business Listed By:
Ramon Sanchez-Vinas

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