Fast Food Restaurant for Sale in South Pittsburg, USA
For Sale: New York style pizzeria using all homemade and fresh ingredients.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 42.5 thousand |
| Run Rate Sales | USD 319 thousand |
| EBITDA Margin | 15 % |
| Industries | Fast Food Restaurants |
| Locations | South Pittsburg |
| Local Time | 9:13 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
95 thousand
(Native Currency: USD 95,000)
Reason: Owner has health issues. We were only supposed to be investors in the business. We wound up having t...
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Includes physical assets worth
USD
100 thousand
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Business Name
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Documents
Item List Description
(13.6 KB)
Articles of Incorporation
(239.4 KB)
Business Overview
We specialize in serving New York style pizzas. Many customers come from the local factories, golf courses and developments. During our grand opening weekend, we saw lines out the door and wait times exceeding 2 hours. We have the typical January slump. We have an onsite general manager who runs day-to-day operations and dedicated staff who are capable of running the pizzeria daily. Facility has 40+ seats. We have dine-in, take-out, and delivery options. Last year was our 1st operational year so the revenue was less compared to this year.
Products & Services Overview
Pizza, wings, meatballs, pasta, cheesecake, hot subs.
Assets Overview
Pizza oven, Captiva Aire Hood, fryer (80qt), range, 4 prep tables, dough mixer, sandwich table, merchandiser, ice machine, multiple storage closets, shelves, cooler, sinks (4 in kitchen, plus 2 bathroom), all tables and artwork, silverware and pizza supplies and recipes will remain in the pizzeria.
Facilities Overview
5 year lease, next door to a liquor store. Located on a highway that has 6k cars daily, 1/4 mile from another highway that has 22k cars daily. Two developments nearby are primarily northerners that miss NY pizza and fresh wings.
Capitalization Overview
The initial startup was 100% funded by the owners from their retirement accounts, and their personal money. There is currently a $8,500 loan from Toast attached to the business that is being paid back through POS sales (Toast is the POS company being used).
Recent Activity
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Earlier than 15 daysTechnician, Consumer Electronics, Halifax, Individual Investor / Buyer connected with the Business
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