Pizza Italian restaurant

Description

Pizza and Italian restaurant for sale in New Castle County, Delaware.

The business has been operating since 2014 and has an established local customer base.

The asking price is $720,000.

Financials

• Reported Seller’s Discretionary Earnings: approximately $1,500,000
• Reported EBITDA: approximately $420,000

The reported SDE is substantially higher than the stated EBITDA and asking price, so buyers should verify the financial figures and calculation method during due diligence.

Facility and lease

• Approximately 2,200 sq. ft.
• Monthly rent: approximately $4,050
• Lease runs through October 2029

The restaurant serves pizza and a broader Italian menu.

The owner is preparing to retire and is willing to provide transition support after the sale.

A buyer could build on the existing customer base and pursue additional revenue through marketing, delivery, catering or other operating changes.