Profitable Pizza Shop and Variety Store with RE

pizza2
$750,000

Listing #: 1623
Location: Androscoggin County, Maine

Description: Excellent opportunity to buy a very profitable Pizza shop with a Variety Store. This business has been trending upwards, on average, at 13% year over year for the past 3 years. They have their own proprietary recipe for their pizza sauce, make their own dough and shred their own cheese. Additionally, they have an extensive menu. This is a takeout business and they have thrived right through the Covid. This would be a great business for a motivated individual, or couple, to buy and earn a high income. It would also be a great addition for an investor that has like stores and means of expanding.                                              

Financial Information:
Yearly Gross: $1,600,000.00 (projected 2021)
Cash Flow / SDE:
$272,750.00 (projected 2021)
Assets / FFE:
$Included
Inventory: $Included
Real Estate: $450,000 RE or $3,000/mo. lease. NNN lease
Financing:
Pending SBA Pre-Screen
Asking:
$750,000.00 for the business and $1,200,000 with RE

Year Established: 2007
Facilities: 5,803 sq. ft.
Type of location: Residential area, stand-alone building with ample parking
Growth and Expansion: Sales are up significantly year over year
Support/Training: Owner(s) will stay involved to 6 months for a smooth transition
Reason Selling: Owners wish to pursue other opportunities
Employees: 8 FT, 5 PT
Franchise: No   Home-based: No Re-locatable: No
County:  Androscoggin, Maine 

For more information, please contact:
Company: ROI Corporation a BBANE Affiliate
Broker: Tom Boyd
Broker: Phone: 781-682-6209 ext. 269
Email: info@roibusinessbrokers.com