This is a well-managed, successful, and growing pizzeria that the retirement aged seller established 24 years ago. 2017 sales were $733,000 with owner earnings of $180,000 and 2018 sales should exceed $800,000 with increased owner earnings. Since 2013 sales have increased on average 10% each year. A varied menu is offered including pizzas, hoagies, chili, appetizers, salads, and desserts. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:
SBA loan qualified
Poised for more growth
Very large delivery area
Long time secret recipes
Excellent school business niche
Almost all carry out and delivery
This model is able to be franchised
All inventory and equipment included
Clean books and records – all numbers are verifiable
This is a 1500 square foot facility with seating for 28 so the vast majority of sales are carry out and delivery orders.
Expanding the marketing procedures in place along with tweaking the menu items should produce more sales.
As everyone knows the pizza industry is very competitive, but this pizzeria “owns” the town.
The seller is of retirement age and has some serious health issues.
The owner will train in all aspects of the business and will be available to ensure a smooth transition.