High Volume Pizza Restaurant
Undisclosed Address, Rhode Island
Business Opportunity
for Sale
| Catylist Listing ID: |
30765587 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
1,900 SF
|
| Sale Price: |
$325,000 |
| Year Business Established: |
2010 |
| Gross Revenue: |
$785,000 (Annual) |
| Cash Flow: |
$134,000 (Annual) |
| Sale Terms: |
Seller financing available for qualified buyer. Minimum $100,000 down payment. |
| Last Updated: |
10/17/2021 |
Overview / Comments
Well established pizza and seafood restaurant in East Providence. High volume pizzeria offering dine-in, take out or delivery. Harbor Touch POS system and all of the latest ordering apps make managing this fast paced restaurant a breeze. Restaurant seating capacity of 36. Sale includes all furniture, fixtures and equipment. Truly a turn key business opportunity.
Favorable lease in place. Seller financing available for qualified buyer.
|
Additional Details
| Industry Segment: |
Restaurants |
| Value of Inventory Included ($): |
$30,000 |
| Value of Furniture, Fixtures, and Equipment ($): |
$175,000 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
5 year lease in place with renewal option. $1,750.00 per month base rent plus utilities. Increase in real estate taxes over base year paid by tenant. |
| Employee/Labor Description: |
Owners are part of the labor force plus 2 full time and 5 part time employees. |
| Mgmt/Training Support Description: |
As needed. |
| Seller Financing Description: |
Seller financing available to highly qualified buyer. Minimum $100K down. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,055 |
20,947 |
38,640 |
| Median Age: |
41.9 |
43.9 |
44.31 |
| Households: |
433 |
8,398 |
14,886 |
|
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