Unique Pizzeria in Beautiful Gulf Coast Alabama

Foley, AL (Baldwin County)

Restaurant includes a wood fired volcanic stoned pizza oven.
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Asking Price: Get Financing: $400,000

Cash Flow: $62,400

Gross Revenue: $299,200

EBITDA: N/A

FF&E: $105,602

Inventory: $1,500

Lease Rate: $2,400 /Month

Established: 2017

Unique Pizzeria in Beautiful Gulf Coast Alabama

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Business Description

TURN-KEY OPPORTUNITY to own a successful pizza restaurant in the beautiful Gulf Coast area of Alabama. Perfect for someone to expand their business or relocate to the area. Tremendous growth potential for a unique and one of a kind restaurant in the area.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
11/1/2021
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility is free standing and adjacent to a small retail center. The facilty is located across the street and down the street approximately 1/4 mile from the new OWA entertainment and amusement park. The facility is equipped with all furnishings and a wood fired volcanic stoned pizza oven imported from Italy. The facility is leased and the lease would have to be renegotiated with landlord who is willing to work with a new tenant. Building and equipment in excellent condition and all the equipment is only 1.5 years in age and debt free. Fully hooded exhaust system in place, refrigeration, dough mixer, etc. List of equipment provided with NDA. (Home Based)
Competition:
The business is located in the fastest growing city in the state of Alabama and in the largest and fastest growing county (Baldwin) in Alabama. The location is five miles from the beautiful beaches of Gulf Coast Alabama which is the largest tourist attraction in the state. The area welcomed over 1.5 million visitors this past year. This is the only pizzeria in the area that offers wood fired volcanic stoned unique prepared pizzas. Without a doubt, this business is in a prime location to the outlet shopping center, OWA amusement park, new apartments rapidly being built due to the growth of the area, and the beach tourist area.
Growth & Expansion:
The growth potential of the business is off the charts with the addition of delivery service being added, and catering. The location is across the street from a Marriott hotel, an amphitheater, and a soccer venue of over 15 fields. The area is also host to the SEC women's soccer championships, the NCAA national volleyball championship, and one of the largest music festivals in the country with Hangout Fest. The area offers tremendous value to the growth of the business.
Financing:
N/A
Support & Training:
Current owner will over two weeks of training for the new owner.
Reason for Selling:
Divorce
Home-Based:
This business is Home-Based
Business Website:
http://www.theforgepizzeriallc.com
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Randy Shurbet

Business Listed By:
Randy Shurbet

isellrestaurantsandbars.com

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