TURNKEY Pizza Restaurant – MOTIVATED seller

Price: $250,000

Location: Reno, NV

Industry: Pizza Restaurants

Listing ID: PIZRES

Listing Status: Sold

Description

Walk in and start making pizza (and money). This restaurant is an opportunity to own a casual dining pizza restaurant in a high traffic, PROVEN location. You get everything but the name including a trained staff, state of the art POS installed in June of 2022 and Equipment that is practically brand new! Current business was opened in 2020 and did $1.3 Million Revenue their first full year of business.

This Reno location can't be beat! Area is growing strongly with single family homes, high density upscale apartments and hotels. They have a corner unit in a destination shopping development in Reno which has high visibility due to nearby business that generate strong traffic during the lunch and dinner hours. The lease for this location is locked into a SET RATE (Term 1 and Term 2). The current rent is favorable for the area and there is no Fair Market Value Negotiation until the third 7 Year Option....'til 2035!

The build out of this restaruant location cost over 300k and includes state of the art equipment including TOAST POS system. The owner is selling due to a change in their personal circumstances and is highly motivated.

All offers will receive consideration.

Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students—and is just a half hour from beautiful Lake Tahoe.

From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #7 Most Business-Friendly Tax Climate.

LISTING DETAILS

Total Sales: $1,360,724

Cash Flow: $169,202

FFE: $147,940

Inventory: $25,000

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