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Listed by:

The Agency NW Real Estate

Highly Profitable Pizza Restaurant Eastside For Sale

Kirkland, Washington, US
Asking Price:
$500K - $1M Furniture / Fixtures included
Sales Revenue:
$1,557,231
Cash Flow:
$250K - $500K

Highly profitable pizza restaurant on the Eastside now for sale. Just minutes to downtown Bellevue, Redmond, and Kirkland. This is a can’t-miss Eastside location. Established for over 35 years, it does over $1,500,000 in annual sales.

And by the way, this pizza place is closed for 3 months out of the year. Just imagine an owner-operator seeing that this pizza place keeps rolling out the dough and pumping out the pizza pies all year long? (For all 12 months) Annual sales here could/ probably would be $2,000,000 or more. Now that’s a lot of pizza dough ($$$). Probably as good or BETTER than any other pizza place on the Eastside.

Pizza, it’s an easy concept for a new owner to learn and transition into. All training and recipes the seller is willing to share. This business lends itself well to absentee or semi-absentee ownership. All you investors out there, are you taking notes? You’ve got a pizza gold mine available here.

Some more good toppings for you to know about this pizza restaurant: it has a fully equipped kitchen, with walk-in refrigeration, a Type 1 hood system, and seating for 65 plus. Yes, it has its own parking lot and a well-known business name. This is NOT a franchise, so you, the new guy/gal, have the opportunity to put your own special twists on the menu or décor.

You truly do not need to be a gourmet chef to make the BIG sales here. This is all set up for a new owner to come in and do great things from day one. Give us a call, as this business opportunity will draw a lot of attention. May God bless you and your loved ones in your business search.

Property Information

Real Estate:

Lease

Lease Terms:

The monthly lease would be negotiated; the seller is looking in the $8,300 -$9,000 price range for this high-traffic location, which is very reasonable. A long-term lease could be negotiated.

Leasehold Rent:

$9,000 per annum

Living Accommodation:

N/A

Location:

On the Eastside, just minutes from downtown Bellevue, Redmond, and Kirkland. This is a can’t-miss Eastside location. Established for over 35 years, it does over $1,500,000 in annual sales. This is a high-traffic location and is expected to remain a high-traffic location for the foreseeable future.

Premises Details:

Self-standing building, 2200 sq ft with seating for 65 plus. Has a Type 1 hood system and walk-in refrigeration in the kitchen. Has its own parking lot with more than 20 customer parking spaces.

Size in square feet:
2,200
Planning Consent:

N/A

Business Operation

Expansion Potential:

This pizza place is closed for 3 months out of the year and still doing $1.5 million in sales annually. Just imagine an owner-operator seeing that this pizza place keeps rolling out the dough and pumping out the pizza pies all year long? (For all 12 months) Annual sales here could/ probably be $2,000,000 or more.

Competition / Market:

This business is over 35 years established with the same owner and great name recognition. This customer base is long and winding throughout the entire eastside. Does $1,500,000 in annual sales with strong tangible potential to push $2,000,000 or more in sales annually. There are other pizza places on the eastside, but few, if any, that can compare to this location, sales, name recognition, and the positive tangible upside sales potential.

Reasons for selling:

The seller wants to retire

Trading hours:

Closed Sundays
Mon-Wed 11 AM- 8 PM
Thur-Saturday 11 AM - 9 PM

Employees:
4 FT 1 PT
Years established:
1980

Other Information

Support & training:

Seller is willing to train the buyer on all aspects of this business, including recipes.

Furniture / Fixtures value:
$21,000 - included in the asking price
Inventory / Stock value:
$11,000