HS Listing ID-60965
Prime Location: The pizzeria is situated in a high-traffic area within an upscale shopping center, complete with a large, paved parking lot for customer convenience
Value Add: The Current owner is not utilizing all of the seating space to its full capacity. They do little to no advertising/marketing. Also has a weak social media presence.
Elegant and Welcoming Ambiance: The space includes ample seating for customers, a display case showcasing fresh pizza, and brick ovens. The interior design strikes a balance between classy and casual, making it suitable for various dining occasions
Revenue Streams: This pizzeria features a diversified revenue composition, with 60% coming from takeout and delivery, 30% from dine-in customers, and 10% generated through catering services
Lease: New 10-year plus 5-year option
Rent Increases by 3% annually on the base rent of $8,774.64
Ownership: The business has been under the same ownership for 8 years. Currently, owner-operated.
Employee Breakdown: 10.5 employees. Staff includes 2 cooks, 1 chef, 1 prep worker, a dishwasher, a counter staff member who also serves as a pizzaman, a dedicated phone operator, 1.5 busboys, and 2 waiters.
Financing: Seller financing is available
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.
CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.
