Two stores, currently operating as a quick casual with bar, order at the counter, simple menu operation specializing in pizza pies, salads, sandwiches, pasta and beverages. The business was established in 2014. The concept has a popular brand and is suitable for an owner-operator. It could easily be duplicated if a new owner wanted to add more locations. They currently have full service OLCC.
The facilities offered with this sale are simple. Kitchens with ample space, good pizza ovens, sufficient “prep space” and efficient dining rooms. Everything is built to last.
2018 Revenues - $2,830,000
Store 1) 2018 - revenues $1,890,000 (Costs could be better managed by hands-on owner operator.)
Store 2) 2018 – revenues $940,000 (Revenues could be much higher if driven by hands-on operator.)
Store 1) Established in 2014.. 3,730 sq ft – Rent is $5,200/mo plus NNN (2100). Includes a game room with significant revenue from pinball and other games.
Store 2) Established in 2018. 2000 sq ft plus an awesome large back yard/patio that could develop into great additional revenue generating area – There are two type-1 hoods that can generate a ton of revenue. Rent is $6500/mo Gross.
Acquire both together or one or the other separately