Listing Number: 12451-849194
Description
Key Investment Considerations:
• Gross Revenue of $436,774 from August, 2022 thru July 2023.
• $94,408 in Seller Discretionary Earnings.
• Owner/operator can save $48,000 per year in earnings for a cook.
• Business has been established at the same location since 1999.
• Current owner has been managing this business since August, 2022.
• Reason for sale: Relocation
• Well-known brand for Pizza & Subs restaurant in its serving area.
• Google 4.2 rating with 302 reviews.
• Dine-in, carryout & delivery services.
• Turn-Key operation.
• The seller is willing to train for 4 weeks after closing.
• Pandemic proof business model with opportunities to grow.
• 90% in credit card sales and 10% in cash sales.
• $100,000 worth of FF&E included in the listing price.
This Pizza & Subs restaurant has been at the same location since 1999. The current owners have been running this business for just over a year and putting it in the market for relocation purpose. It is a profitable operation and is an owner/operator business model. It is a full- service Pizza & Sub restaurant and it’s best known for its food quality and its insistence on only using high quality fresh ingredients. It offers exceptional quality and tasty Pizza and Italian cuisine in which drives business evenly through dine-in, pick-up and delivery. It has become an iconic restaurant in the area with even very little marketing and advertising. It is an exceptional acquisition opportunity.
Listing Details
- Price: $ 150,000
- Down Payment: $150,000
- Sellers Discretionary Earnings: $ 94,408
- Total Sales: $ 436,774
- Location: Fredericksburg City, Virginia
- Inventory: $ 2,500
- FF&E: $ 100,000
- Employees: 5
- Year Established: 1999
- Reason for Selling: Relocation
- Category: Restaurants
