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Listed by:

Armen Nazarian Business Brokers

Pizzeria Restaurant And Bar In Monroe County For Sale

Monroe County, Michigan, US
Real Property Price:
$1,200,000
Lease Price:
Undisclosed
Sales Revenue:
$755,035
Cash Flow:
Not applicable

This is a great opportunity to own a well-established, high volume Pizzeria Restaurant & Bar with 5-acre Property in Monroe County. Established in 2006, this 4,488 sq. ft. pizzeria restaurant is located on a highly traveled road and being the only eatery in town. All equipment is in excellent condition and regularly serviced and maintained. Seating is for 100 with full menu consisting of: Pizza, Chicken, Steak, Seafood, Burgers, Sandwiches, Salads and so much more. Full bar with live entertainment on weekends! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening for lunch, adding catering/deliveries, corporate accounts & parties, expand bar hours on weekends, community involvement along with social media advertising, you have HUGE potential to the already high volume. Property is situated on 5 acres with house and land to add Putt-Putt Golf, Go-Carts, Batting Cage, Arcade and more. Easily can be a destination for Family eats and fun! Prior to Covid, 25% of sales came from lunch hours 11am-3pm and can easily reach higher sales opening for lunch. Turn-key operation that will not disappoint! A must see/must have business that will not last long. HIGH CASHFLOW!! Seller will entertain all reasonable offers and help train new owner. Call Armen Nazarian Business Brokers

Property Information

Real Estate:

Available as lease or with real property included

Premises Details:

All equipment is in excellent condition and regularly serviced and maintained. Seating is for 100 with full menu consisting of: Pizza, Chicken, Steak, Seafood, Burgers, Sandwiches, Salads and so much more. Full bar with live entertainment on weekends!

Size in square feet:
4,488

Business Operation

Expansion Potential:

Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with opening for lunch, adding catering/deliveries, corporate accounts & parties, expand bar hours on weekends, community involvement along with social media advertising, you have HUGE potential to the already high volume.

Reasons for selling:

Retire

Employees:
23
Years established:
19

Other Information

Support & training:

Seller will Train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$1,200,000 with $350,000 down. 7% int., amortized over 360 months, balloon due in 180 months

Inventory / Stock value:
$7,500
Lease asking price:
Undisclosed