Italian Restaurant & Pizzeria - Wood-Fired Pizza Specialty

Mid West

Italian Restaurant & Pizzeria - Wood-Fired Pizza Specialty
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $2,800,000

EBITDA: $325,000

FF&E: N/A

Inventory: N/A

Established: N/A

Italian Restaurant & Pizzeria - Wood-Fired Pizza Specialty

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Business Description

The Company is a single location, family-owned pizzeria. Its pizzas are baked on a stone oven with a wood fire, and it also offers pasta, chicken, sandwiches, baby back ribs, jumbo shrimp, salads, desserts, craft beers, an extensive wine list, and banquet facilities. The Company’s facility includes a game room, green spaces, a waterfront patio, and room for up to 100 people. During 2018, revenue was generated from food (85% of sales) and beverages; while dine-in (65% of 2018 revenue) generated the majority of revenue, the Company’s website makes it easy to order online (35%), as well.

The restaurant comprises 8,000 square feet, and is currently staffed by 18 full-time and 25 part-time employees. The operating hours are Sunday through Thursday 11am to 9pm, and Friday and Saturday 11am to 10 pm.

Detailed Information

Competition:
* Diversified Customer Base: No single customer accounted for more than 1% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. * Superior Name and Reputation: The Company enjoys a long-standing (22+ years) reputation for its focus on providing high-quality food and service. Management attributes its success to its strong reputation and dedication to serving, which allows the Company to grow its revenue through repeat customers and customer referrals.
Growth & Expansion:
Several opportunities exist for the Company to increase revenue and profit, including leveraging the Company’s proven reputation to pursue a retail presence with private label products. These opportunities are easily attainable given appropriate investments in capital and human resources.
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Additional capital required to take Company to the next level
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Ryan Johnson

Business Listed By:
Ryan Johnson

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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