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.

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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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