Turnkey Non-franchise Pizzeria Restaurant

Undisclosed Address, Tennessee
Business Opportunity for Sale
Catylist Listing ID: 30292845
Property Subtypes: Food and Beverage
Building Size (RSF): 2,400 SF
Sale Price: $125,000
Name of Establishment: Undisclosed
Franchise Parent Name: Non-Franchise-No fees or royalties
Year Business Established: 2016
Gross Revenue: $325,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash at time of sale.
Last Updated: 11/19/2018

Overview / Comments

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.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner has other businesses requiring time and attention.
Value of Inventory Included ($): $25,000
Value of Furniture, Fixtures, and Equipment ($): $25,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 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. Occupant capacity is 78. Base monthly rent is $2,800 per month on triple net basis.
Employee/Labor Description: Mixed of full and part-time employees totaling 10 to 15.
Mgmt/Training Support Description: Experienced manager and employees in place. Will train to extent necessary.
Competition/Market Description: 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.
Growth/Expansion Opportunities: 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.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,238 4,952
Median Age: 40.69 37.61
Households: 831 1,777


Photograph of Listing Agent

Ramon L. Sanchez Vinas

ValueSource Commercial Real Estate NETAR CMLS Member
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