Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$150,000	Inventory	$5000*
Gross Income	$305,000	Real Estate
Cash Flow	$50,000	Year Established	2007
FF&E	$70,000*	Employees	3

* included in the asking price

** not included in the asking price

A solid business to take over and make money right away.

This is a pizzeria for sale specializing in gourmet pizza and Italian cuisine. It sits on the border of 2 towns which makes it easily accesible, and can deliver up to 6 surrounding towns due to its proximity. It is located less than 200 yards away from a major hospital. The lease is for 9 years, just begining in early 2009, with 2, 3 year options. The rent is currently $1800. The only requirement was a security deposit, which is included in sale, which means the lease is not personally guaranteed. The store is just under 1000 sq. ft, plus a 600 sq ft storage area in basement. The dining room can sit up to 25 people and there is a full hand crafted wood counter with Italian Porcelain tile used for display. All of the equipment is owned and included in sale, as well as the inventory. This includes over $70,000 worth of assets and inventory. The business has been open for over 2 years and is still capable of growing. This also means a lot of the equipment and assets are new. A detailed asset list can be provided indicating what was new and what was used. Gross Sales exceed $305,000 and a net Cash Flow of over $45,000. This business has no outstanding debt, and is up to date in all tax and corporate filings.

Facilities: The store is just under 1000 sq. ft plus a 600 sq. ft storage area in basement. It possesses all the equipment you need. A detailed asset list can be provided upon request. Includes Pizza Hood and exhaust and kithcen hood and exhaust with wet fire sprinkler system. There's a powerful commercial A/C Unit with compressor. Also inlcudes a Radio System with built-in speakers and 3 Tv's.

Competition: Pros - Known to have the best pizza in town due to superior ingredients. Business is located just around corner from major hospital. Street is high traffic and other stores surround it help. Location is on border of town for easy accessibility to both residents. Already has strong relationship with local schools. Cons - There's a deli/pizza store a few doors down, but they possess no dining tables and close at 5:00 PM every day. Also food has low quality.

Growth/Expansion: Pros - The store has the capability to expand in catering business. Also, The dinner menu/entree portion could be expanded with the proper knowledge. Cons - None

Seller Financing Available: Yes

Financing: Negotiable

Support/Training: I will provide all recipes and training could be negotiated.

Reason Selling: Health