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Fast Food Restaurant for Sale in South Pittsburg, United States

For Sale: New York style pizzeria using all homemade and fresh ingredients.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 42 thousand
Run Rate Sales USD 319 thousand
EBITDA Margin 15 %
Industries Fast Food Restaurants
Locations  South Pittsburg
Local Time 4:58 AM America / Chicago
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
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... View More
Includes physical assets worth USD 100 thousand
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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).

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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