Details

Here is a profitable Italian Restaurant and Pizzeria in an affluent area of Norfolk County known for its wide variety of gourmet sandwiches, soups, salads, pizza and homemade take-home dinner specials. This turnkey restaurant is available for you to continue its success as a well-known local establishment on a main thoroughfare in an affluent region. It comes with an established clientele, a fully outfitted kitchen with $35k in newly purchased equipment and an attractive indoor seating area. The attractive 1300 sqft restaurant space currently rents for $1350 rent per month and comes with a lease that expires in 2029. The business generates over $400k in annual sales and provides a buyer tremendous potential to grow additional revenue and market share.
The business was established 3 years ago and has developed a strong customer base in the region. It is run by a 2-person partnership with the help of 1 full-time
and 1-part time employee.
There are very few Italian restaurants or pizzerias in the surrounding 5-town area.
There is ample opportunity to grow revenue at this location by increasing store hours with additional employees. More expenditures in regional marketing campaigns, social media platforms and an investment in a new pizza oven will also further increase sales.
The business is located within a multi-tenant retail building in downtown area. Attractive brick fa├žade.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.