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#Business ID: 16654

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Profitable Italian Restaurant And Pizzeria

Business Location: Greensboro, Guilford, North Carolina, United States

Asking Price: $ 249,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Features

* Profitable Business
* Loyal Customer Base
* Lake and Retirement Community
* 400,000 visitors per year
* Half way between Atlanta and Augusta
* Outdoor Seating
* Competitive Lease
* Italian Restaurant for sale is Profitable and serves pizza

Lease Term: expired 2011 + 10 1 year options
Monthly Rent: $2,562
Indoor Seating: 79
Hood System: Yes

Italian Restaurant for Sale is a family Restaurant and Pizzeria. Profitable location available from the restaurant brokers is ready for immediate sale.

This Italian restaurant for sale was recently renovated. 2100 square foot space has 79 seats inside and seats another 6 outside. The rent is very competitive in this Italian restaurant for sale at only $2562.00 per month including CAMS. The current lease is for 5 years with 10 one year options that include only a 3% increase with each option. This Italian restaurant for sale has been open 8 years and has a well-established name with loyal customers.

Gross sales for this Italian Restaurant for sale is also a pizzeria featuring sales of just under $500,000 in 2010 and 2011. The restaurant brokers have verified earnings to the owner in 2011 was $89,000 while only working two days a week.

This Italian restaurant for sale and pizzeria is known to have the best pizza in town. The menu also features all of your favorite Italian dishes. The restaurant has a Beer and Wine license in place. The owner is ready to retire and all recipes of this Italian restaurant for sale will be transferred with the sale. The current owner will remain for two weeks to train and to insure a smooth transfer of ownership. Established name and loyal customers.

This fully equipped commercial kitchen of this Italian Restaurant for Sale comes with a 16 foot hood and 4 pizza ovens. It also has all the necessary fryers, burners, refrigeration, and a slicer. The space is equipped with a grease trap and has all the small ware needed to operate the day you purchase.

This Italian Restaurant for sale is located in a resort community that attracts over 400,000 visitors a year for golf, hunting, fishing, and water sports. Located near Georgia’s second largest lake this Pizzeria is located half way between Atlanta and Augusta and is home to 21 manufacturing firms.

Contact the restaurant brokers for more information on this listing.

Property Details

Size:

2100

Property Type:

Lease

Miscellaneous Details

Reason For Selling:

Owner Retiring

Contact this seller

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