Busy Pizza And Pasta Restaurant In St. Charles County

Description

Restaurant for sale in a busy strip mall location. The current business has operated for several years and occupies a space that previously housed a pizza restaurant for approximately 17 years.

Location history

The site has a long history of restaurant use. The previous operators ran a pizza business from the location for about 17 years before retiring, after which the current owner took over the space and continued restaurant operations.

Business profile

• Several years under current ownership
• Longstanding restaurant location
• Strip mall setting
• Existing business phone number retained from the prior operation
• Current owner seeking to transition because of other commitments

Customer continuity

The original business phone number has been retained, providing continuity for customers familiar with the location and its prior restaurant operation.

Growth

• Increase local marketing
• Develop delivery and online ordering
• Expand catering and group orders
• Build on the location's existing restaurant history
• Adjust operating hours or menu based on local demand

Reason for sale

The current owner has other commitments and is looking to transfer the business to a new operator.

Due diligence

Buyers should verify historical financials, current sales, lease terms, equipment ownership, employee arrangements, permits, customer accounts and the exact assets included in the transaction.

The lease should also be reviewed for its remaining term, renewal options, rent increases, assignment provisions and landlord approval requirements.