Italian & Pizza Restaurant: Very Profitable & SBA Pre-Approved
Somerset County

Turnkey and profitable Italian and pizza restaurant with a known brand in the area. With SBA pre-approval, easy financing is within reach, requiring only 10% down. In 2022, the restaurant showcased its financial strength, boasting revenues exceeding $500,000 and a total income surpassing $161,373. The seller is committed to ensuring your success and is ready to provide training.

Key Features:

-SBA Pre-Approved: Secure financing with ease, thanks to SBA pre-approval requiring only a 10% down payment, making ownership accessible.

-Strong Financials: In 2022, the restaurant achieved substantial revenues exceeding $500,000, with a total income surpassing $161,373, showcasing its financial stability.

-Turnkey Operation: Walk into a fully operational restaurant, with a well-trained staff, established processes, and a loyal customer base.

-Training Provided: Benefit from comprehensive training from the seller, ensuring a smooth transition into ownership and the continuation of the restaurant's success.

-Culinary Legacy: Embrace a well-known and beloved brand, renowned for its delectable Italian cuisine and mouthwatering pizza.

Opportunity:

This Italian and pizza restaurant offers a delectable opportunity for those passionate about the culinary arts and restaurant ownership. The combination of a renowned brand, strong financial performance, and seller training positions this venture for immediate profitability and continued growth.

With a focus on marketing initiatives, menu enhancements, and community engagement, you can elevate the success of this beloved establishment. Whether you're an experienced restaurateur or a newcomer to the industry, this opportunity merges culinary excellence with a proven pathway to prosperity.

Listing Number:

22750

Category:

Food - Pizza

Location:

Somerset County
$300,000

Financial Information:

Gross Revenue:

$565,595

Listed Price:

$300,000

Down Payment:

$0

Total Income:

$184,124

Year Established:

1983

Lease Information:

Square Feet:

2900

Total Rent:

$2,000

Lease Expiration:

12/2024

Lease Options:

1 / 5 year

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$57,510

Inventory:

$5,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

6

Special License Required:

N/A

Contract Staff:

0

Training Period:

1 month

Reason for Selling:

Retirement

Hello World

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Samuel Meister
Office: (412) 406-6281 | Cell: (484) 332-9282
License #:

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
Samuel Meister
Office: (412) 406-6281 | Cell: (484) 332-9282
License #:

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

Italian & Pizza Restaurant: Very Profitable & SBA Pre-Approved
Somerset County

Listing Number:

22750

Category:

Food - Pizza

Location:

Somerset County

Listed Price:

$300,000
brokerPhoto
Samuel Meister
Office: (412) 406-6281 | Cell: (484) 332-9282
License #:

Turnkey and profitable Italian and pizza restaurant with a known brand in the area. With SBA pre-approval, easy financing is within reach, requiring only 10% down. In 2022, the restaurant showcased its financial strength, boasting revenues exceeding $500,000 and a total income surpassing $161,373. The seller is committed to ensuring your success and is ready to provide training.

Key Features:

-SBA Pre-Approved: Secure financing with ease, thanks to SBA pre-approval requiring only a 10% down payment, making ownership accessible.

-Strong Financials: In 2022, the restaurant achieved substantial revenues exceeding $500,000, with a total income surpassing $161,373, showcasing its financial stability.

-Turnkey Operation: Walk into a fully operational restaurant, with a well-trained staff, established processes, and a loyal customer base.

-Training Provided: Benefit from comprehensive training from the seller, ensuring a smooth transition into ownership and the continuation of the restaurant's success.

-Culinary Legacy: Embrace a well-known and beloved brand, renowned for its delectable Italian cuisine and mouthwatering pizza.

Opportunity:

This Italian and pizza restaurant offers a delectable opportunity for those passionate about the culinary arts and restaurant ownership. The combination of a renowned brand, strong financial performance, and seller training positions this venture for immediate profitability and continued growth.

With a focus on marketing initiatives, menu enhancements, and community engagement, you can elevate the success of this beloved establishment. Whether you're an experienced restaurateur or a newcomer to the industry, this opportunity merges culinary excellence with a proven pathway to prosperity.

Financial Information

Gross Revenue:

$565,595

Listed Price:

$300,000

Down Payment:

$0

Total Income:

$184,124

Year Established:

1983

Lease Information

Square Feet:

2900

Total Rent:

$2,000

Lease Expiration:

12/2024

Lease Options:

1 / 5 year

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$57,510

Inventory:

$5,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

2

Part-Time Employees:

6

Special License Required:

N/A

Contract Staff:

0

Training Period:

1 month

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.