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Listed by:

Coldwell Banker Bain

Profitable Non Franchise Pizza Restaurant In Seattle For Sale

Seattle, Washington, US
Asking Price:
$220,000 (USD) Furniture / Fixtures included
Sales Revenue:
$659,109 (USD)
Cash Flow:
$140,464 (USD)

Highly profitable pizza and pasta restaurant for sale. Fully equipped and totally turnkey. Located on a high traffic street with good signage and street visibility. Not a franchise so no franchise fees or restrictions but the sales and cash flow are more than most franchise pizza places. And you’re in the driver’s seat meaning (the boss) with the creativity on the menu and promotions.
This pizza and pasta concept is a simple concept to learn and you do not need to be a trained chef so it’s an especially easy transition for first-time buyers. Also, it should be noted most everyone likes pizza and the profit margins on pizza are still very good. Sounds like a winning recipe to me. Here’s another good taste for you, the lease here is very low and there is plenty of parking and seating is 24.
Owner has a lot of experience and knowledge in the restaurant industry and he is willing to train new owner in all aspects of this pizza business to include his tasty recipes. Currently serves pizza and pasta dishes but there is a type 1 hood system in place so new owner can modify this restaurant if so desired, but this is already making really good dough $$$ so don’t change too much.
There is no breakfast places close by so if new owner wanted to jump into the breakfast market there is probably lots of bacon and egg $$$ to be made. More good stuff this pizza place has walk-in refrigeration, serves beer and wine, about 70% of the sales are dinner sales and 30% are lunch sales.
Does do a lot of catering orders (pizza is the perfect food for catering). Lots of houses and businesses close by to cater to. This is just minutes to the freeway too. Has website that is included in the purchase of business. For the right buyer the seller is even willing to include the inventory in the sale price. This profitable pizza business is definitely worth a look see.

Property Information

Real Estate:

Lease

Lease Terms:

The monthly base lease is $2,600 with a triple net of $1,177 for a total of $3,777 per month. The triple net covers water, garbage, and outside maintenance. The lease is assignable and renewable.

Leasehold Rent:

$3,777 (USD) per annum

Living Accommodation:

N/A

Location:

High traffic street, busy shopping plaza in Seattle

Premises Details:

Square footage is 1,360 and seating capacity is 24. Type 1 hood system and walk-in refrigeration is already in place. Plenty of parking and additional street parking spaces are available. Good signage and visibility from the street.

Size in square feet:
1,360

Business Operation

Expansion Potential:

Already very profitable so no need to make any major changes. Seller will provide all the training to include his recipes. If the new owner wanted to add a breakfast menu then this would be a moneymaker as this place has a fully equipped kitchen and there are no breakfast places close by.

Competition / Market:

Already very profitable so no need to make any major changes. Seller will provide all the training to include his recipes. If the new owner wanted to add a breakfast menu then this would be a moneymaker as this place has a fully equipped kitchen and there are no breakfast places close by.

Reasons for selling:

Seller wants to move out of the area

Trading hours:

7 days a week
10 AM to 11 PM

Employees:
1 FT 4 PT
Years established:
2017

Other Information

Support & training:

Seller will provide 2 weeks training but more is negotiable if need be

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

80% down case by case basis

Furniture / Fixtures value:
$8,500 (USD) - included in the asking price
Inventory / Stock value:
$2,000 (USD)

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