Price Slashed! Gourmet Pizza in Richmond's West End

Henrico, VA (Henrico County)

Price Slashed! Gourmet Pizza in Richmond's West End
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Asking Price: $59,500

Cash Flow: N/A

Gross Revenue: $300,000



Inventory: $7,500

Rent: $1,121 /Month

Established: 2016

Price Slashed! Gourmet Pizza in Richmond's West End

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Business Description

Established in 2016 and independently owned, this busy take out, delivery and catering operation serves up not only gourmet pizza, but wings, salads and a variety of breadstix, dips and desserts.
Profitable with potential for accelerated growth, it's very active and fully developed website is included with the purchase. Open seven days a week, this fully operational money maker is set up for a new operator to step in and start making money without skipping a beat.
Occupying 1465 square feet in a busy center, the current owner was able to negotiate a great long term lease which is fully assignable. With a present rental rate of $1,221.00 monthly including taxes, insurance and cams, that works out to be an amazingly low cost of $10.00/sq ft in Richmond's very busy West End. Balance on present term is 3 years with an additional 5-year option in place.
If you're looking to get into the restaurant business, but lack chef credentials or even prior restaurant experience, this is a great place to start. The present operator will provide all the training you need in a transition period following the deal's closing.
Don't delay! At this dramatically redued price, this won't remain on the market for very long..

Detailed Information

Henrico, VA
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
10(6 delivery))
Excellent physical plant with all electrical, plumbing and mechanical and all furniture, fixtures and equipment in good working order and condition
The surrounding area is not even close to being saturated with great pizza take out and delivery options.
Growth & Expansion:
Unlimited opportunity for growth in a location surrounded by ideal demographics.
Some Seller financing may be possible.
Support & Training:
Seller will provide full training during a two-week transition period following settlement.
Reason for Selling:
Seller's other full time occupation no longer allows for hands on operation.
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Rich Holden

Business Listed By:
Rich Holden

Holden Realty, LLC

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