Broker Name:Pete DeVita
Broker Email:pete@newsouthbusinessbrokers.com
Broker Phone:910-262-2113
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Popular Pizza and Sub Restaurant in Wilmington for $199K!
Wilmington, NC
Listed Price: $ 199,000

Listing DetailsGross Revenue: $ 550,000
Cash Flow: $ 100,000
FFE: $ 105,000
Inventory: $ 6,500
Absentee Owner: No
LocationLease Expire: 0000-00-00
SummaryBusiness Description:

Pizza restaurant are still the hottest businesses to be in today! The cost of buying a well-established and profitable one makes them an even better deal!  We have sold three in the last several years and this one is one of the best we have had on the market.  Sales over the last two years averaged over $550K and are on track to do over $600K this year! Food costs are 27% and rent is approx. $2200.00/mo.  Cash flow to owner is +$100K and the asking price is $199K, which is less than the value of the assets and $75K upfit cost! Call Pete DeVita (910)262-2113 or email: Pete@NewSouthBusinessBrokers.com for details.

Some owner financing may be available to an approved buyer