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.

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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

Photograph of Listing Agent

Jay DelMonte

RE/MAX Innovative Properties
NECPE Member
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