MergerPlace

Pizza Shop

Pennsylvania


  • Asking Price: $599,900
  • Gross Income: $925,487
  • Cash Flow: $460,992
  • Real Estate: Not Disclosed
  • Inventory: $4,159
  • FF&E: $69,246
  • Listing ID: #226347
  • Established: 1998
  • Employees: 2 FT/6 PT

Business Description

This busy Pizza Shop is in an ideal location on a vibrant thoroughfare between two towns. The owner thinks one of the keys to their success is the relationships they have established with their customers. They value their customers and have a consistent customer base, who continued to visit and support them during the pandemic. As a result, in 2020 they have continued to do very well. The menu includes various sandwiches and Italian items. They also have a few Mexican dishes on the menu. All the equipment is included in the sale. This is a turn-key opportunity, and everything needed to continue the success of this business will remain in place for the new motivated owner.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Pennsylvania

Company Information

Year Established: 1998
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT/6 PT

Financial Information

Asking Price: $599,900
Gross Revenue: $925,487
Cash Flow: $460,992
FF&E: $69,246
Inventory: $4,159
Seller Financing Available: No

Property Information

Facilities:

The Pizza Shop is approximately 2,000 square feet, not including a dry storage area and walk-in freezer. There is an outdoor seating area with approximately nine tables for customer seating for 36 people. The seating inside is for 58 people. The Pizza Shop occupies space in a standalone strip center that includes two commercial locations. The building is owned by the seller, and he is looking to lease the Pizza Shop to the new owner for $3,000 per month rent.

Growth & expansion opportunities:

In light of the busyness of the Pizza Shop, the owner estimates there is a great potential for growth. Three ideas for growth: 1. Develop online ordering 2. Increase sales by adding delivery to the surrounding area 3. Expand or enclose the outdoor seating area

Competition:

Of course, there is some competition in the food business, however the closest Pizza Shop is four to five miles away from this location.

Reason for selling:

The owner wants to retire.

Support & Training:

Will train for 2 weeks @ $0 cost. The owner prides himself on using fresh ingredients to prepare every homemade recipe. For example, he uses fresh ground beef, fresh steak for steak sandwiches, homemade salads, homemade soups, etc. Their recipes would be passed on to the new owner to enable a seamless transition and a consistency to the menu going forward.

Contact Business Seller

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Business Listed By:

Jack R. Greenawalt Jr.

Murphy Business Brokers