Huge Price Change- $165 K to $125K -Pizza Restaurant (non-franchise)

For Sale in Johnson City, TN

Listing ID: 1518459 | Broker Listing ID:

Financial & Assets Details

Revenues: $350,000

FF&E: $25,000

Inventory: $10,000

Inventory Inc. in Price: Yes

Square Feet: 2400+/-

About the Business

Year Established: 2016

Employees: 3 FT, 7 PT

Lease Amount: $2,800

Seller Financing: Yes

Business Description

Pizza Restaurant (non-franchise)- Turnkey, With $25,000 Inventory

Profitable non-franchise restaurant with strong growth prospects due to significant new housing in the immediate area.
Offered is an opportunity own your own pizza restaurant complete with $25,000 of inventory on day of purchase. Pizza is a high profit margin business, this one is established and comes with a growing customer basis with limited competition. Located in a high traffic shopping center, all you need to do is continue its reputation for good quality food at reasonable prices.

The great pizza menu selection is coupled with delicious baked sandwiches, spaghetti entrees, wings, and salads. Has on-line ordering system, a major contributor to revenue. Business is in leased space in a clean and well maintained space you can be proud to call your business.

Growth & Expansion

With its abundant space and exceptional location, this business is a great platform to add and test an expanded menu to appeal to more customers. Well positioned to offer catering and event supply to nearby industrial and service businesses.

Seller Financing

To Qualified Buyers

Market Competition:

Although there are other fast-food and sit down casual food establishments nearby, there is only one other business offering pizza (franchised) within 8 miles of this location. The competitor has no sit down dining available. This restaurant would be easy to expand the menu offering to attract more customers as it would be one of only a couple of casual sit-down dining in the immediate area.

Location Details:

2,400 square feet in busy strip center surrounded by commercial businesses and a fast growing residential developments of single-family and high-density apartment developments. When opened, this space was built out as new construction. Inside seating is rated at persons.