Pizzeria With Motivated Absentee Owner
Oakland County, Michigan, US, ID 289496
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Description
Pizzeria for sale in Oakland County, Michigan. The business is currently operated by an absentee owner who is focused on other restaurant ventures.
Financials
- First-year gross sales: more than $500,000
- Seller reports low rent
- Owner is open to reasonable offers
Buyers should verify first-year sales, current monthly performance and operating margins through POS reports, tax returns and other financial records.
Equipment and setup
- Double-decker conveyor ovens
- Two prep lines
- Existing kitchen equipment
- Fully staffed operation
- Restaurant buildout already in place
Concept options
A buyer may continue the current pizza operation or potentially introduce another concept, subject to lease terms and any applicable brand or licensing restrictions.
The seller is also open to discussing a royalty arrangement for continued use of the existing concept.
Growth
- Increase local marketing
- Expand delivery and online ordering
- Develop catering
- Increase owner involvement
- Introduce additional menu items or promotions
Reason for sale
The owner is selling because time and attention are being directed to other restaurant businesses.
Due diligence
Buyers should verify historical financials, current sales, lease terms, actual rent, equipment ownership and condition, staffing, food and labor costs, delivery-platform agreements and the exact terms of any proposed royalty arrangement before closing.
Details
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