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pizza

Well Established Pizza Restaurant in Popular Vacation Destination

$359,900.00
,

Description

Listing Number: 2455

Established in 1994, this restaurant generates approximately $550K in annual gross sales. The business has 13 employees, mostly part-time, and is located just a minute's walk from the ocean. Great opportunity for owner operator with seasonal income.

Financials advertised are based on three year average.

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Asking  Price: 
$359,900

Gross  Revenue: 
$549,115

Adjusted Net Income: 
$125,323

General Info:

  • Asking Price: $359,900
  • Gross Revenue: $549,115
  • Total Adjusted Net Income: $125,323
  • Equipment / Fixtures: Depreciated from $230k at purchase
  • Year Established: 1994, bought in 2015 
  • Included Inventory Amount: ~$500
  • General Location: Corolla, NC

Lease Info:

  • Square Footage: 1050
  • Total Monthly Rent: $3,800
  • Lease Expiration: 2032
  • Options to Renew: Y/10 year
 
 

Additional Information:

  • Full-Time Employees: 1
  • Part-Time Employees: 12
  • Training Period: Negotiable
  • Reason for Selling: Other Business Ventures
 
 

Liam Pinson

For more information on this business contact Liam:

Office: (615)-850-4410
Cell: (423)-260-5578
Email: liam@nashbb.com

Looking to Sell?

Nashville Business Brokerage is here to guide you through a seamless and rewarding selling process. Our team of experienced professionals is dedicated to maximizing the value of your business and ensuring a smooth transition. Take the first step toward a successful business sale by scheduling a consultation today.

Contact us now to get started.