Own a busy pizzeria that will pay for itself in less than a year. The new owner has the opportunity for growth by extending hours and offering delivery.
Country: | USA |
State or Province: | SC |
City: | Pawleys Island |
Location Zip or Postal Code: | 29585 |
Service Type: | Sit-Down Table Service |
Title of Listing: | Profitable & Established Family Owned Pizzeria in Desired Tourist Area |
Year Established: | 2022 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 2323, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Monday- Saturday 11 am-9 pm |
Growth or Expansion Opportunities: | yes |
Reason for Selling: | Health |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Asking Price: | $450,000 |
Gross Revenue: | 1,100,000 |
Gross Revenue Range: | $1,000,000+ |
EBITDA (Earnings before Income, Taxes and Depreciation): | $111,642 |
EBITDA Range: | $100,000-$300,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 120,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 3 years with 5 year option |
Total Monthly Rent: | $4,067.19 |