This successful, family owned and operated restaurant, has been serving the Virginia peninsula for over 30 years. Conveniently located, in a 3,000 sq ft, end unit commercial condo, offering authentic Italian dishes, Pizza, Wine & Beer and authentic pizza spinners. Over the years, the restaurant has developed a great reputation for excellent food and service, with generations of loyal families, sports teams, clubs, and associations. The facility includes a spotless, large kitchen with stainless hood, grill, deep fryers, fridge/freezer, cold and hot prep tables, and of course a commercial dough mixer with several large gas fired pizza ovens. The dining area includes 30 four-tops and booths with a banquet room in the back that seats 30 guests, plus, an outdoor dining area that can accommodate an additional 40 guests. The purchase price includes thousands of serving pieces, starting inventory, and everything you need to continue business the day after purchase. The Seller is willing to stay for 30 days of training and advice, ensuring a smooth transition. Real Estate is being sold separately with the business.
- Asking Price:
- $350,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $411,622
- Cash Flow:
- $120,000
Property Information
- Real Estate:
-
Real Property Included
- Size in square feet:
- 3,533
Business Operation
- Competition / Market:
-
This is an excellent opportunity for an experienced restaurant manager to add a profitable location. Also, perfect for an owner operator or family starting their first restaurant because all the staff is staying. No advertising is needed due to the steady flow of loyal customers.
- Reasons for selling:
-
Retiring
- Trading hours:
-
Tues - Saturday 11 am to 9 pm
- Employees:
- 11
- Years established:
- 1973
Other Information
- Support & training:
-
2 Weeks
- Furniture / Fixtures value:
- $25,000 - included in the asking price
- Inventory / Stock value:
- $10,000 - included in the asking price
