• Listing# : 16899
  • Listed Price : $457,000
  • Total Sales : $636,102
  • SIC : 5812
  • Down Payment : $114,250
  • State/Province : North Carolina
  • Status : Active
  • Discretionary Earnings : $173,430
  • Relocatable :

Business Description :

Rare opportunity to purchase a unique, well-established, highly profitable pizzeria that has been a staple in its community for more than 50 years.  Capitalizing on a reputation for customer service and quality, made from scratch pizzas, the restaurant draws customers from all over the Piedmont Triad and southern Virginia.  Restaurant revenue declined only 17% during the height of the pandemic in 2020 while the Seller focused on revamping the business model and improving Discretionary Earnings from 22% of revenue in 2019 to 27% in 2021 (vs. industry average of 19%).  New owner can take advantage of substantial growth opportunities by establishing delivery service, online and social media marketing and re-opening indoor dining.

Assets/Liabilities:

  • Accounts Receivable : $0
  • Incl :
  • Real Estate : $0
  • Incl :
  • Inventory : $14,000
  • Incl : Yes
  • Liabilities: $0
  • Incl :
  • FF&E : $60,000
  • Incl : Yes
  • Leasehold : $4,500
  • Incl : Yes
  • Other : $0
  • Incl :
  • Total Assets : $78,500
  • Incl : Yes
  • Accounts Receivable : $0
  • Incl :
  • Lender Prequalified: