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Pizzeria Restaurant
Location Nevada,United States
Asking Price Range < $250K
Gross Revenues $300000
Net Profit / Cash Flow $60000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2004
Number of Employees 4 - 5
Inventory 140000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks.
Reason for Sale To retire.
Description 252823- The price has been reduced from $185,000 to only $125,000 for a fast sale. ALL written offers will be considered.
Well established Pizzeria and Italian restaurant located on the east side in very active area shopping center with a well known business as an anchor tenant. Included in the value of the fixtures & equipment at $110,000 is $20,000 in tenant improvements. Operated by the 2 owners and 4 employees. There is 12 tables with seating for 48, and a large rent free outside patio with seating for 60. The current business mix is 60% delivery, 40% eat in. Additional income is derived from 12 video game machines of which they get 50% of the income. Priced to sell at $185,000. As the owners are anxious to retire, they will accept $100,000 down, and the balance to be paid in terms to be agreed upon. This is an excellent opportunity to purchase a ''profitable'' business with the initial out of pocket cost being less than the value of the fixtures & equipment.
Facilities: 2,500 Sq ft, the rent is $5,800, with two years left on the lease with 2-5 year options. Hrs: open 7 days, 11AM-10PM Mon-Sat, 4PM-10PM Sun.
Competition: Located in a very active area shopping center with an excellent mix of businesses. No competition in close proximity.
Growth and Expansion: Located in one of the highest demographic populated sections in the Las Vegas area. They can add related products & services.
Training: 2 weeks. Reason Selling: To retire Yr Est: 2004. Employees: 4.
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