LISTING DETAILS
Listing Status: New
Asking Price: $325,000
Total Sales: $810,800
Cash Flow: $140,000
Real Estate Asking Price: N/A
FFE: $150,000
Inventory: $15,000
FFE Included in Sale: Yes
Inventory Included in Sale: No
Year Established: 2000
Employees: 7
Description
Business Summary:
Great opportunity to purchase an established and profitable neighborhood Italian Restaurant & Pizzeria located in Howard County, Maryland. The business has been serving the local community for nearly 25 years with a delectable array of pizzas, pastas, subs, sandwiches, desserts, and more! The business is conveniently located on a highly traveled road surrounded by houses with several nearby churches, a large number of businesses and apartments where the residents and guests frequently dine in and order from the restaurant.
All of the restaurant equipment is in great condition and working order with two hoods which will allow the business to increase menu offerings and generate higher revenues. There is seating for 50 inside with carry-out and delivery services. The business has partnered with Grub Hub and Uber Eats and has great reviews on those platforms as well as the major online review and social media platforms.
This is a great business for someone looking to get their start in the restaurant industry or for someone who is just looking to build their small business portfolio. This is a true turn-key operation with a great location, solid business history, loyal customer base and financial track record. We don’t expect this business to last long so contact us today to learn more!
Description of Facilities: The business operates out of a 2500 sq ft building that is leased for approx. $8500/mo that is located within a densely populated community with houses surrounding the restaurant as well as apartment buildings, multiple churches and other businesses that drive traffic to this restaurant. There is a seating capacity of about 50 for dine-in. All of the refrigerators, ovens, and freezers are in good shape and in working condition.
Competition: There is a Pizza Hut Express and Domino’s within a 1-mile radius of the restaurant, but those who know this restaurant understand that the food quality is far better than many national chains. There is no other Italian Restaurant or Pizzeria that is located nearby in competition with this business.
Growth & Expansion: There are a number of ways to grow and expand the business. There is kitchen equipment and space to handle increased sales volume. Breakfast and other menu items can be added. A buyer may also want to expand on the current marketing efforts including more direct community outreach/partnerships and delivery service area.
Seller Financing Available: No
Reason for sale: Owner would like to pursue other business opportunities.
Training & Support: Seller will provide necessary training and support.
For more information on this listing, please complete our Non-Disclosure Agreement
