Catylist ID:
#30794262
High Volume Hillsborough County Pizzeria
Undisclosed Address, Hillsborough County, NH
Business Opportunity
for Sale
| Catylist Listing ID: | 30794262 |
| Property Subtypes: | Food and Beverage |
| Building Size (RSF): | 1,500 SF |
| Sale Price: | $379,900 |
| Year Business Established: | 2019 |
| Gross Revenue: | $875,000 (Annual) |
| Cash Flow: | $75,000 (Annual) |
| Cash Flow Type: | Sellers Discretionary Earnings |
| Sale Terms: | Cash At Closing |
| Last Updated: | 5/5/2022 |
Overview / Comments
|
High Volume Pizzeria Located on Busy Numbered Highway in Hillsborough County. Reopened in 2019, this high Quality Pizzeria is on track to do $1,000,000 Revenue in 2022. Located in a Fast Growing community, this local favorite is sure to benefit from plans to build almost 100 Homes/ Duplexes in the area. Famous for it's Authentic Hand tossed freshly made dough, the NY-Style Pizzas are the talk of the town. All Sandwiches, Subs Salads and dinners are created from high quality fresh ingredients and authentic home made recipes.. Currently Open 7 Days a week this Highly visible business has indoor seating capacity for 20 and ample parking. With Sales Revenue up 29% in 2021vs. 2020 this Gem is consistently achieving monthly double digit sales growth. Business, FF&E & Goodwill Offered @$379,000 |
Additional Details
| Industry Segment: | Restaurants |
| Reason for Selling: | Seller relocating out of state |
| Value of Inventory Included ($): | $0 |
| Value of Furniture, Fixtures, and Equipment ($): | $0 |
| Real Estate Status: | Not Applicable |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | 1,500 Sq. Ft. Inline Strip Mall. Current 2022 Lease NNN includes $2,650 Mo. Rent, $535 Mo.Taxes, & $186 Mo. CAM Charges for a Total Occupancy Cost of $3,371 Monthly Total or an extremely desirable 4.6% Total Occupancy Cost. |
| Employee/Labor Description: | Owner Operated with Full Time Schedule. Restaurant employs a total of 14 Employees from Counter Top Casiers, Cooks & Drivers |
| Mgmt/Training Support Description: | Owner Will Stay on and train for 2 Week |
| Competition/Market Description: | Strong Market with Public park & Ice Skating Arena near By. |
| Growth/Expansion Opportunities: | Current Owner is So Busy that he has to limit amount of Off Premise Catering. |
| Seller Financing Description: | Cash at Closing Owner would consider some Seller Financing to Qualified & Experience buyers. Information based on sources deemed reliable. No representation by RE/MAX as to information from seller. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,915 | 17,286 | 29,283 |
| Median Age: | 38.54 | 39.81 | 41.32 |
| Households: | 1,464 | 6,736 | 11,130 |
Contact
Jay DelMonteRE/MAX Innovative PropertiesNECPE Member |
| © Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
