Popular Neighborhood Pizzeria

Reno, Nevada

Ad ID: 1490678
Type: Established business
Category:
Category: Retail – Other Eating & Drinking Places

Financials
Asking: $150,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $75,000
Inventory: $10,000

Gross: $415,731
Cash Flow: $49,036

Summary Description
This pizzeria has been a gathering place for families and friends since its inception over over six years ago. Their extensive menu offers build-your-own and specialty pizzas, a great selection of pastas, calzones, subs, and salads, as well as beer and wine. The establishment has a warm and friendly atmosphere that appeals to dine-in customers. The franchise brand is well known, with an extensive, loyal customer base. The population of this community is rapidly increasing due to affordable housing and quality of life. New businesses and housing developments continue to grow the community, and a new school is planned to open soon. Marketing to new residents and expanding the delivery range to accommodate the housing developments will grow the already solid customer base of this pizzeria. The influx of companies to the area has already added to the consistently busy lunch buffet; it also provides an excellent opportunity to expand the catering portion of the business. The current owners have a history of community involvement, supporting local schools and athletic programs. They are currently the number one choice for school and sports fundraising. An experienced staff is in place, including a manager. Corporate support is extensive and includes an informative website with menu, coupons, and daily specials. Twenty years remain on the Franchise Agreement. Franchise Transfer Fee is $13,000 and includes training. Business is turnkey, with all the necessary equipment and facilities. Great location, rent, and lease deal. This is a great opportunity for someone who loves pizza and wants to be part of a vibrant and growing community.

General Information
Year Established: 2011
Employees: 12
Facilities: Established, reputable pizzeria with sit-down, take-out, and delivery service. Easy access and ample parking. Room to grow.

Market Outlook
Competition: Limited competition. One of the best reputations for quality pizza in this growing community. A well-established name in a mature market place. Popular place for casual dining, with an excellent delivery business.

Growth and Expansion: Great word-of-mouth reputation and excellent reviews on social media. Business pays no out-of-pocket advertising costs. This pizzeria has a large, loyal customer base and the capacity to accommodate the influx of new residents. The expanding population includes businesses, homes, and a school. A new owner could grow the business by marketing to new residents, growing the catering portion of the business, and creating a designated party area.

About the Sale
Financing: All cash or terms acceptable to seller
Support/Training: 30 days
Reason Selling: Retiring and moving











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