Pizzeria and Italian Restaurant -- Fast Growing Summerville

Listing Number: 32941-76371

Description

This classic, one-owner Pizzeria and Italian Restaurant opened 6 years ago in a shopping plaza that is located on a very busy main road with traffic counts in excess of 25,000 VPD and growing.

The owner of the restaurant has created an easy to follow menu serving Salads, New York Style Pizza, Stromboli, Calzone and Baked Pastas along with Italian classics such as Chicken & Veal Parmigiana, Marsala, Piccata & Francese. All recipes will transfer with the sale of the business to the new owner.

The fully equipped kitchen has the layout and equipment needed to turn out great Italian fare. Equipment includes double stacked pizza ovens with hood, range, grill, fryer, etc. The refrigeration includes a walk-in cooler, freezer, ice machine and more. This kitchen is well equipped and geared to produce high quality food at a high volume rate.

The restaurant has 2000 square feet and seats 70 guests. There is 9 years remaining on the lease with the current rental rate of $3,100 per month to include taxes and CAM.

The seller has all components in place for the buyer to be successful and not miss a beat to further grow sales.

Listing Details

  • Price: $450,000
  • Down Payment: $300,000
  • Sellers Discretionary Earnings: $137,545
  • Total Sales: $574,380
  • Location: Withheld, South Carolina

  • Inventory: $2,500
  • FF&E: $90,000
  • Employees: 11
  • Year Established: 2011
  • Reason for Selling: Retiring/Relocating
  • Category: Restaurants

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