Sold – pizza restaurant for sale
PRICE: $97,500
INDUSTRY: RESTAURANTS
LOCATION: PHOENIX
Listing description
This well known pizza restaurant, anchored by Fry’s Food & Target is located in a high traffic plaza in Phoenix, AZ. This restaurant seats 38 inside and 20 on the patio. This can be run as an absentee owner, however owner operated increases the income potential. Don’t miss this amazing opportunity to own an established Pizza Restaurant in a great location. Annualized seller discretionary earnings are $60,000. Some seller financing is available for the right individual. Asking Price $97,500. ACT FAST!!!
Listing details
Asking Price: $97,500
Gross Income: $360,000
Down Payment: $97,500
Cash Flow: $60,000
FFE: $150,000 (Included in Price)
Inventory: $2,750
Reason For Sale:Moving out of state
Training & Support:The seller is willing to provide training for the new owner. The time frame is negotiable.
Operation
Year Established: 2005
Days & Hours of Operation: Mon - Sun 11am to 10pm
Owner Hours Per Week: 40
Employees: 4
Location
General Location: Phoenix
Monthly Rent: $4,500
Square Footage: $1,550