Prime location Italian restaurant serving NY-style pizza and casual Italian cuisine is available for acquisition. This business was originally established over two decades ago in 1992 by the current owner of the business. Competition is expected for this type of business industry, but this business has established itself in the area for two decades accumulating loyal customers and bringing in new customers by their competitive price point that is more affordable than the competition. Most of the customers are middle-class individuals of all demographics that come from the surrounding densely populated residential neighborhoods and oncoming traffic from the major highway that is placed next to this retail strip center. Net sales average was $320,000/year which have been consistent every year with minimal marketing done in the local area. Although word of mouth and the business website brings consistent traffic to the business, but other proactive marketing methods needs to be utilized if this business is to keep growing in sales and acquisition of untapped customers within the local area. There are many ways to proactively market this business such as direct mailing, social media outlets, updating menu items, catering services, extended delivery hours, 3rd party delivery service, hire more staff and participating in community events. Hiring additional staff and a well-trained manager will free up some time for the owner of the business to focus on marketing the business to grow cash flow. Various menu items are provided at this business that can range from appetizers, salads, subs, calzones, pasta, create-your-own pizza, deep dish pizza, signature pizza, special entrees and desserts. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day operations of the business.
Furniture, Fixtures & Equipment: $40,000 (Included in listed price)
Inventory: $1,500 (Not Included in listed price)
Financing: 100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 1992
Facilities: This business is located in a 1,974 SF retail strip center that is placed right next to a major highway and a busy intersection with tons of traffic. All equipment is in good condition and in working order.Support/Training: The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason Selling: Other Opportunities
Competition: Few competitors are within the immediate market area of this business, but this business has a competitive price point that other competitors can't match and has operated in the area for over two decades.
Growth And Expansion: Marking is done on a minimal basis, but more proactive marketing tactics is needed if this business is to generate more cash flow and acquire new customers.
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