This pizza restaurant is a well-established grab-and-go concept known for delicious pizza at affordable prices. Their menu is deliberately simple: pizza (cheese only or with toppings), one style of buffalo wings, one style of breadsticks, and bottled drinks. It is well-established and has built an excellent reputation with a consistent repeat customer base. It is conveniently located on a major intersection, in an excellent neighborhood center. Throw in a population of 300K within a 3-mile radius, and there are plenty of hungry customers to feed! It is a great opportunity to buy a straightforward to run, recession and COVID resistant business that nets nearly $120K annually.
Their "simple is best" strategy streamlines operations; fewer ingredients and steps requires less complexity, and therefore less inventory and labor. The location is operated by a full-time, experienced manager and run by part-time employees. The absentee owner, who only visits the store once per week, is relocating, so it's time to pass on this location to a motivated, energetic successor. A Buyer has two choices: maintain the status quo, keeping operations and revenue "as-is". Alternatively, step in as an owner-operator, and significantly cut the payroll and increase the net profit. Finally, you can invest in growing sales; they currently do no advertising, marketing, social media, coupons, or reward programs, so there's still substantial untapped growth potential. 93% of sales come from walk-in customers; they do no deliveries themselves (a tiny portion of sales come from third-party delivery services).
This pizza restaurant is COVID-resistant with no in-store dining and their affordable prices make it recession-resistant. Throw in very low rent and this is an attractive opportunity to expand in the pizza business. Contact the Agent today!