Turnkey Pizza Shop

Undisclosed Address, North Carolina
Business Opportunity for Sale
Catylist Listing ID: 30732062
Property Subtypes: Food and Beverage
Building Size (RSF): 1,100 SF
Sale Price: $60,000
In Opportunity Zone? Yes
Name of Establishment: Confidential
Business Website Address: Confidential
Franchise Parent Name: none
Year Business Established: 2019
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash, Some owner financing may be available
Last Updated: 6/23/2021

Overview / Comments

This turnkey fully operational pizza shop located in Midtown Wilmington is ready for immediate take over. The shop currently has double Baker's Pride ovens that are currently not required to have a hood system. Business has two POS systems that will convey with acceptable offer. There are currently 2 smaller prep units and one larger pizza prep unit. Interior was recently repainted, ceiling tiles replaced, front counter space was updated and countertops replaced with granite. Current lease is $2,075.00 per month with other recurring utilities totaling no more than $700 per month. New owner's will be required to change the existing name BUT may continue to use existing recipes and menu. Please contact agent owner with any questions.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Owner is licensed and active real estate agent. Time constraints have proved to be too overwhelming.
Value of Inventory Included ($): $2,000
Value of Furniture, Fixtures, and Equipment ($): $45,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: 2075.00 per month with 3 years remaining on current lease and an optional 5 year renewal
Employee/Labor Description: Currently 3 employees
Seller Financing Description: Minimum 30% down with other terms negotiable.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,327 8,788
Median Age: 47.6 50.95
Households: 1,798 3,828

Contact

Photograph of Listing Agent

Andrew Kelly

Nest Realty NCCMLS Member
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