Catylist ID:
#30703392
Don's Pizza Restaurant
Undisclosed Address, Rhode Island
Business Opportunity
for Sale
| Catylist Listing ID: | 30703392 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 1,500 SF |
| Sale Price: | $119,000 |
| Name of Establishment: | Don's Pizza Restaurant |
| Year Business Established: | 1982 |
| Gross Revenue: | $300,000 (Annual) |
| Cash Flow: | $66,000 (Annual) |
| Last Updated: | 2/10/2021 |
Overview / Comments
|
After 39 years of consistent success and amazing customer satisfaction, Don's Pizza Restaurant is available for purchase. This business opportunity is completely turn key and includes everything needed to continue operating this profitable and well established restaurant. Seller has developed family recipes over the 4 decades of operation that a new operator could negotiate access to and use of. Full equipment list available upon request. Fully functioning kitchen that is operating daily. The facility is operating from an 1500sf storefront on Warwick Avenue. Great signage and visibility. Customer dining area(temporarily closed due to Covid restrictions). |
Additional Details
| Industry Segment: | Restaurants |
| Reason for Selling: | Owner is retiring after 39 years |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $80,000 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | $1,500 per month base rent plus NNN costs. |
| Growth/Expansion Opportunities: | This business has enjoyed consistent success will sales approaching $400,000 in recent years. The business has remained closed on Mondays and Tuesdays and only serves lunch on weekends. By expanding hours a new operator would enjoy a significant increase in revenues. |
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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