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Listing Number: 214-21434
Category: Food - Pizza
Asking Price | $175,000 |
Down Payment | |
Gross Revenue | $543,452 |
Total Adjusted Net Income | $57,196 |
Equipment / Fixtures | $50,000 |
Year Established | 1988 |
General Location | Denver |
PRICE REDUCTION!! This is your opportunity to acquire a long-time community favorite pizzeria. The restaurant has an established reputation for Old World, hearty Italian fare made with high quality ingredients and long-held family recipes. Pizza restaurants, with a tradition of delivery and to-go options, were uniquely situated to respond to the pandemic and this restaurant has seen consistent increases in revenue as a result of many new customers discovering this neighborhood gem. Restaurant offers dine-in, carryout, delivery, and catering. Located in a well-trafficked strip center, the restaurant has easy street access and plenty of parking.
Gross Revenue | $543,452 | Listed Price | $175,000 |
Total Income | $57,196 | Down Payment |
Base Rent | $2,250 | Square Feet | 1500 |
Total Rent | $3,387 | Lease Expiration | 10/2025 |
Rent Deposit | Lease Options |
Inventory | $8,000 | Leasehold Improvements | $0 |
Equipment / Fixtures | $50,000 | Other Assets |
Full-Time Employees | 2 | Training Period | 2 weeks; 25 hours |
Part-Time Employees | 6 | Special License Required | |
Contract Staff | Reason for Selling | Retirement |
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.