A local, family-owned and operated, pizza and Italian bistro situated in beautiful central Virginia. The restaurant specializes in New York/Jersey style pizza which is 75% of their business with the remaining 25% from typical Italian fare. The restaurant has solid financials with predictable and consistent revenues. With 70% of orders “pickup”, there is potential to grow revenue through the addition of delivery service. The restaurant is located approximately 200 yards from the entrance to a gated, 4200 home community that contains 63 miles of paved roads.
The restaurant is located in a popular and active commercial strip area. The restaurant is 1600 sq. ft, renting for $2248/month and with a lease that expires 2022 with available options to extend. The facility has seven booths and seven square tables, seating for about 54 people and a counter area for pickup orders.
Potential growth from adding a delivery service is 25-30% based on the close proximity to paved gated community with many New York and New Jersey retirees. Additional marketing efforts and promotions will contribute to this growth.
There are two franchise pizza operations in the vicinity that have been there for years.
Will train for 4 weeks @ $0 cost. Villa Nova’s offers New York/Jersey style pizza and Italian specialties. The restaurant offers dine-in and pickup service. There is no delivery service offered which is an area of great potential. The restaurant has an ABC license. Management experience is important.