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Asset Sale for a Fully Equipped Pizza Restaurant

Provided by Broker
  • Listing# : 18682
  • Listed Price : $110,000
  • Total Sales : $292,421
  • SIC : 5812
  • Down Payment : $110,000
  • Status : Active
  • Discretionary Earnings : N/A

Business Type :

Restaurants / Pizza Shop

Business Description :

This asset sale offers a grand location in a primary city in Hampton Roads, Virginia. Neatly positioned on a main roadway, the area is stellar. The buildout shows superb attention to detail, and the state-of-the-art equipment is ready for high-volume activity. Add your name and signage, and you're in business. The current owner has multiple locations and has decided to consolidate and reduce the number of operating locations. This location is set nicely for a similar operation, as the customer base is accustomed to the convenience of the location and area. A five-year lease is in place for the space of 1,125 square feet. The lease term runs until September 30, 2028. Two five-year options are attached to the lease; the 2025 base lease cost is $1,496, with an additional estimated CAM charge of $630 per month.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $88,409
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $24,000
    • Incl : No
    • Total Assets $88,409
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Restaurants