Pizza Restaurant for Sale
Asking Price: $ 120,000
Location: San Diego North County
Down Payment: $ 120,000
Total Sales: $ 333,850
Discretionary Earnings: $ 62,746
This is not a fast food style franchise pizza shop. It is a classic family owned and operated neighborhood-style restaurant that happens to sell great tasting New York style pizza. Ownership believes in building a business that prioritizes great customer service within a pleasant setting and competitive pricing, all which combines for an enjoyable customer experience. Great opportunity for an owner/operator looking to take this pizzeria to the next level.
Seller’s discretionary earnings include adjustment for owner/operator model (removal of manager salary).
This retail business is located in a busy strip mall within one of north county’s growing corridors with major housing development projects either underway or planned for the very near future.
According to IBISWorld, the Pizza Restaurants industry is expected to experience moderate revenue growth over the next five years to 2025. Growth during this period is forecast to be higher compared with the previous five-year period as the economy is expected to recover from a downturn in 2020. Being located along a busy corridor, not unexpectedly there are other pizza restaurants within the general vicinity.
Growth & Expansion
According to the owner there are various ways to drive an increase in sales and are outlined in the CIM (Confidential Information Memorandum).