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  • Listing No.: 200-20120

  • Category: Food - Pizza

Asking Price $159,000
Down Payment
Gross Revenue $350,000
Total Adjusted Net Income $118,390
Equipment / Fixtures $15,000
Year Established 2007
General Location
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This full service pizza restaurant serves a variety Italian cuisine, veggie, chicken and fish dishes for dine-in, pickup or delivery. It operates in Portsmouth for over 14 years, with very little competition in the area. The restaurant has a very good following and uses well established ordering and delivery services for long term profitability. The seller feels a new owner can easily double the revenue by opening for lunch and offering additional items that attract millennial's, as well as keep long term customers coming back. Pizza and carry out orders come from the surrounding cities and the neighborhood. The owner is completing a light renovation by painting, replacing flooring and rearranging tables to improve

Gross Revenue $350,000 Listed Price $159,000
Total Income $118,390 Down Payment
Base Rent $900 Square Feet 850
Total Rent $900 Lease Expiration
Rent Deposit $700 Lease Options
Inventory Leasehold Improvements $0
Equipment / Fixtures $15,000 Other Assets
Full-Time Employees 2 Training Period 2-4 weeks
Part-Time Employees 6 Special License Required
Contract Staff Reason for Selling Health

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.