Dec 6, 2019 — Turn-key three location pizzeria package for sale! This consistently profitable Company has built its reputation on flavorful, gourmet quality pizza and pasta, as well as a strong commitment to customer satisfaction.
The Company operates three restaurants in Kent County, MI. The restaurants serve a loyal customer base that generates growing sales each year. The Business has many opportunities for growth including expanding catering sales and investing in more rigorous marketing and advertising.
Current ownership desires to sell the business to focus on other ventures and spend more time with family. Ownership is willing to see a new owner through a reasonable transition period.
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Asking Price: $599,900
Cash Flow: $284,200
Real Estate: Leased
If Leased: Lease Rate: $12.90 / SF per year
Total Building Size: 8,250 sq. ft.
Seller Financing Available: Yes
Seller Note: Limited seller-financing is available for qualified buyers.
Number of Employees: 80
Year Established: 2004
Facilities: The restaurants operate out of three leased locations in Michigan. Each location is about 2,750 square feet in size.
Support/Training: Ownership is willing to provide reasonable and customary transition assistance.
Reasons for Selling: Other ventures
Investment Highlights Include:
(1) Turn-Key Pizzeria
(2) Established and Loyal Repeat Customer Base
(3) Established and Supportive Franchisor
(4) Online Ordering Platform and Menu/Pricing Autonomy
Growth Opportunities Include:
(1) Pursue Additional High-Margin Catering Sales
(2) Expand Marketing & Advertising Outreach beyond 5-mile radius
(3) Delivery Platforms (Grubhub, Uber Eats, etc.)