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Pizza Restaurant For Sale

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Restaurants for Sale

The Perfect Storm for today’s market, pizza & burritos. You can fix your own pizza and burrito as you walk down the line.

The shopping center end cap space has a very attractive high-quality buildout. The restaurant is fully equipped with an open-fire gas pizza oven. There are four years remaining on the lease with a five-year renewal option.

Located on a very busy artery in Virginia Beach, this new center in the midst of a high-income residential area, dense commercial developments with lots of employees, customers and now new high-rise office space.

The new concept was started a little more than two years ago by a west coast franchise company that spared no cost with the décor and buildout.

A full ABC license is available to the new owner.

Financial Information

  • $130,000 Asking Price
  • $76,000 Cash Flow
  • $271,000 Gross Revenue
  • Negotiable Down Payment

Business Location

  • City: Virginia Beach
  • State: Virginia

Reason for Sale

  • The seller is relocating out of state and is motivated.

Detailed information

  • Year Established: 2022
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 4
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: 40
  • Adjusted EBITDA: On request
  • Inventory Included: Yes
  • Inventory Value: $5,000
  • Monthly Rent: On request
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 2300
  • FF&E Included?: Yes
  • FF&E Value: $165,000

Training/Support

  • Seller with provide reasonable post-close training and transition

Facilities

  • 2300 Sq. Ft. Seating for up to 60.
Business Listed by
image of Broker Profile
Charles Broadwater
Sunbelt of Richmond
Email Charles
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Listing ID
RICHMVA001-52436

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