MergerPlace

Full Service Pizza Restaurant

Oklahoma


  • Asking Price: $44,950
  • Gross Income: $161,112
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $61,269
  • Listing ID: #220564
  • Established: 2016
  • Employees: 2 PT

Business Description

This pizzeria restaurant is a very popular in the community with many loyal customers. This is a great opportunity to walk in to an already established business and continue and improve sales. Don't start from the bottom when you can hit the ground running with a great reputation and all for under under $66,000? The restaurant serves NY Oven Style Pizza. They make all of their dough and sauce fresh in house from their own private recipe. This restaurant is the best pizzeria around in town. When customers order pizza from this restaurant, they deliver a pizza or slice of pizza pie made with love and with 100% quality ingredients.


Business Details

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

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 PT

Financial Information

Asking Price: $44,950
Gross Revenue: $161,112
FF&E: $61,269
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

Located in an historic downtown location, this restaurant enjoys a reasonable rent of only $1,300.00 per month in this large 3200 square foot leased space. The restaurant seating capacity for this restaurant is 62 persons. This pizzeria is a simple operation that is easy to run. The Owner does not own the property but feels the landlord is easy to work with on a new lease with the new owner.

Growth & expansion opportunities:

This restaurant has shortened hours and are now currently opened for 20 hours per week. A new owner could open at 11 am to 2 pm and provide a buffet and slice pizza. Deliver and Catering could increase revenue as well. The current owner does almost no advertising. The business enjoys 5 star reviews. The business is well established in the area. Currently the store hours are from 4:30 to 9 pm Tuesday through Saturday. The restaurant is closed Sunday and Monday.

Competition:

There is only 1 Pizza restaurant within a 2 mile radius of this establishment. There is no comparison from the competition to the quality and taste of this place. There is plenty of upside with opportunities to expand such as lunch hour buffets and slice pizza and deliveries and more attention to marketing locally. The brand is well established in the area.

Reason for selling:

The Owner has business interest and wants more time with her family.

Support & Training:

Will train for 2 weeks @ no cost The current owner will provide 2 weeks on on-site training and an additional 2 weeks of on call phone support. No license is required to own the business other than an Oklahoma Food handling license.

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Business Listed By:

Geary Welch

Murphy Business Brokers