25+ Year Independent Pizzeria - Owner Earnings Over $220,000 - SOLD
Location: Northern KentuckyListing Number: 21del
Financial Information
Asking Price: $395,000Gross Revenues: $1,020,000
Cash Flow: $220,000
Real Estate: Available to purchase
Business Description
The retirement aged owner of this landmark pizzeria enjoyed his best year in 2020 with sales over $1,000,000. This is a 4700 square foot pizzeria that sits on close to 1 acre with seating for 140 and parking for over 65 cars. The pizzas are baked in 3 brick ovens along with serving pastas, salads, sandwiches, chicken wings, desserts, soft drinks and beer. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:
SBA loan qualified
POS System in place
Price includes all inventory
Real estate available to purchase
Dine in – delivery – carryout available
Price includes $55,000 value of equipment
Building & equipment in excellent condition
Excellent long - term management staff in place
Clean books and records – all numbers are verifiable
Owner earnings over $276,000 if one buys the property
’18 sales $722,000 – ’19 sales $813,000 - '20 sales $1,020,000