MergerPlace

Well-Known Italian Brick Oven Pizzeria

Virginia (Fairfax)


  • Asking Price: $125,000
  • Gross Income: $300,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: $70,000
  • Listing ID: #203096
  • Established: 2014
  • Employees: 10

Business Description

Great opportunity to purchase a turn-key family style Italian restaurant in a growing and high traffic Northern Virginia market. The restaurant offers a moderately priced Mediterranean cuisine featuring custom hand-tossed New York style pizza cooked in a real brick oven. While this restaurant location was founded as a pizzeria, they have developed a gourmet menu that will delight the taste buds of patrons old and young, with lunch and dinner offerings that are sure to please whether it's dine-in, takeout, or home delivery. The restaurant also offers a separate catering service and menu that will appeal to the tastes of the local business community.

The restaurant has an accounting system that tracks expenses to the penny, including fixed costs, employee-related, and cost of food. There is an integrated point-of-sale system that ties in with the online ordering and other social media platforms. Vendors have been established and cultivated to provide the highest quality products at the most competitive pricing. All recipes are detailed and documented to ensure both quality and consistency. Inventory systems are in place to ensure the operation runs smoothly. All positions have job descriptions and assigned duties that are well documented for ease of implementation. The restaurant has the feel of a down home experience and all of the necessary business development and operational systems have been established for this restaurant. It's truly a turn-key operation that is ready for an experienced restaurateur or first time buyer as a single location or for a new owner to take it to the next level to start opening additional corporate and/or franchise locations.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Virginia
County: Fairfax

Company Information

Year Established: 2014
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10

Financial Information

Asking Price: $125,000
Gross Revenue: $300,000
FF&E: $70,000
Inventory: $8,000
Seller Financing Available: Yes

Property Information

Facilities:

The restaurant is located in a high traffic shopping center with major anchor. The space is 2026 sq ft and leased for approx. $7975/mo. which includes base rent and all pass through expenses (NNN). The restaurant was recently renovated with a modern, welcoming feel that has 75 seats inside and 16 outside.

Growth & expansion opportunities:

Several areas of opportunity for a new owner to grow the business by expanding the menu, doing more marketing and advertising to increase awareness in the local community which will also help increase delivery and catering sales.

Competition:

Standard competition for the market in the restaurant industry.

Reason for selling:

Confidential health issues of seller.

Support & Training:

Seller will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Alan Horn

Horizon Business Brokers, LLC