Fantastic Pizzeria w Off Premise Catering Contract - 36071

Financing

$150,000 Down and $75k over 3 years at 5%. Negotiable.

Business Description

Fantastic Pizzeria with guaranteed off premise catering! Major Price Reduction due to Illness! Rent of only $2,500/mth! This 3,500 sf space is in excellent condition and meticulously maintained. They have numerous 5-star reviews! This pizza and bistro is located on the border of a high traffic industrial area, hotels, major highways, small businesses, and surrounded by the residential area between two large towns. The rent is ONLY $2500/mth with a 10-year lease. That is unheard of in today’s market. They serve breakfast, lunch, and dinner 6 days a week. There is an opportunity for growth by opening on Sundays. Gross revenue includes a sought after, high margin, off-premises catering contract for large commercial businesses. It offers guaranteed revenue. For 2024 it is projected that this catering will generate nearly $100K in revenue at 70% margins with only 4 events per month. There is demand for more events each month and to create more concepts and increase revenue. This is why the 2024 projected cash flow of $169K is so high relative to sales of $546K. The restaurant includes new furniture, equipment, sound system, security cameras, two POS, new outdoor décor and design, and a robust website. 5 parking spots are assigned to the business with two shared spots. They are fully integrated with major delivery partners. The owner will provide recipes, catering contacts and will onboard the new owner. The owners are selling due to a family health situation. We are seeking a serious and financially qualified buyer with at least $150K in liquid funds. Proof of funds will be requested prior to meeting with the owner. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet.

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