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Nevada Pizza Restaurant Near Tourist Attraction SC2218

Nevada Pizza Restaurant Near Tourist Attraction SC2218
Financial Information
Asking Price: $349,000
Cash Flow: $100,000
Gross Revenue: $500,000
Down Payment: $349,000
This Nevada based Pizzeria is a Nevada Limited Liability Company and has been in operation for the past 13 years under current ownership. Specializing in homemade pizza and Italian dishes, the business also is licensed for beer and wine. This business is only open for dinner on Wednesday through Sunday, and lunch on Friday and Saturday only, giving it plenty of room for additional growth. Touting a 4.5-star rating with 500 reviews on Google, this restaurant is highly rated with a strong following. Homemade pasta dishes, sandwiches, calzones, pizza, salads and a separate menu for the kids, all part of this wonderful Italian experience. They offer thin crust, Chicago style and various specialty pizzas.
Business Location
City: Northern Nevada
State: Nevada
Reason for Sale
The reason for selling is the Seller would like to pursue other interests.
Detailed information
Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 4
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $55,000
Inventory Included: Yes
Inventory Value: $2,000
Monthly Rent: $2,600
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 3000
FF&E Included?: Yes
FF&E Value: $100,000
Training/Support
The Seller is willing to provide training for 2 weeks at 30 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.
Market Outlook/Competition
The pizzeria market is poised to continue its growth over the next few years. North America’s pizza market is set to grow by 6.11% and $51.38 billion, according to Technavio’s Pizza Market by Type and Geography – Forecast and Analysis 2022-2026.
CA 02282967
NV B.1003039.LLC
NV BUSB.0007191
Listed By: Andrea Emperador
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Background information
Reference:
SC2218
Year established:
2012
Reason selling:
The reason for selling is the Seller would like to pursue other interests.
Finance
Sales:
$500,000
Profits:
$100,000
Operations
Employees:
Full-Time Employees: 1 Part-Time Employees: 4 Contractors: N/A
Equipment:
FF&E Included?: Yes FF&E Value: $100,000
Inventory:
Inventory Included: Yes Inventory Value: $2,000
Furniture fixtures and equipment:
FF&E Included?: Yes FF&E Value: $100,000
Premises
Facility:
Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 3000
Square footage:
3000
Rent and lease terms:
Monthly Rent: $2,600
Location:
Business Location City: Northern Nevada State: Nevada
Opportunities
Growth:
This business is only open for dinner on Wednesday through Sunday, and lunch on Friday and Saturday only, giving it plenty of room for additional growth. North America’s pizza market is set to grow by 6.11% and $51.38 billion, according to Technavio’s Pizza Market by Type and Geography – Forecast and Analysis 2022-2026.
Market:
The pizzeria market is poised to continue its growth over the next few years. North America’s pizza market is set to grow by 6.11% and $51.38 billion, according to Technavio’s Pizza Market by Type and Geography – Forecast and Analysis 2022-2026.
Price and terms
Price:
$349,000
Down payment:
$349,000
Financing:
Seller financing is not available at this time.
Training:
The Seller is willing to provide training for 2 weeks at 30 hours per week. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller.