Pizzeria- Cash Flow From Day One

Price: $165,000

Location: Sullivan County, TN

Industry: Restaurants and Other Eating Places

Listing ID: 20201312

Listing Status: New

Description

This locally popular pizza restaurant has all the components necessary for financial success. Its strong loyal customer base has sustained it through the tough Covid-19 pandemic of 2020 with sales matching or beating period year. Good curbside and delivery sales with lots of room to grow.
With an atmosphere that is warm and inviting, and plenty of room for post-pandemic table spacing, patrons can be comforted that they are in a safe establishment to enjoy savory dining.
There are several revenue enhancement opportunities that will be elaborated upon in our Confidential Business Summary that is provided to prospective buyers who complete our required non-disclosure agreement (NDA).

LISTING DETAILS

Total Sales: $680,000

Cash Flow: $61,000

EBITDA: $68,500

FFE: $53,000

FFE Included: Yes

Inventory: $7,500

Inventory Included: No

Operation

Year Established: 2007

Employees: 15

Location

Real Estate Included: No

Square Footage: 5,820

Summary

Facilities Information:

Spacious dining and kitchen area due to prior building occupant that was a casuall sit-down dining chain. As a result, the kitchen and dining areas were professionally designed for efficiency, customer experience, and eye appeal. Kitchen is fully equipped to handle up to double the current sales volume; all you have to do is bring your ideas and get started. Detailed equipment listing will be part of due diligence information.

Reason For Sale:

Owners health and desire to see restaurant thrive and grow under new owner.

Training & Support:

Current owners will train new owner(s) for up to 4 weeks. Several employees are long-term and considered key employees. Willingness to stay dependent on their perception of new owner.

Competition:

The market has a normal level of pizza operators but few offering expanded sit-down casual dining, wide selection of beers, and depth of menu as this restaurant. A new prospect will quickly realize the market advantage this particular establishment has against the competition. This will be elaborated upon in Confidential Business Summary.

Potential Growth:

Opportunities for immediate revenue growth include, but are not limited to: Obtain a wine/liquor to go with the beer permit. Development of off-premises catering Installation of a drive-in window to accommodate the emergence during the pandemic of drive-in pickup as a preferred option. We estimate this alone could boost revenue 15 to 20% Development of in-house delivery service.

Financing/Terms:

Cash at closing. Would qualify for SBA loan.

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Ramon Sanchez-Vinas

Ramon Sanchez-Vinas