Tripadvisor top 10 pizzeria with great location for Owner/Operator!

Description

Established Pizzeria with TripAdvisor Top 10 RecognitionThis downtown pizzeria has operated since 2013, serving a loyal customer base with a unique menu. The 1,850-square-foot restaurant is located in Gulfport within walking distance of casinos, the Mississippi Aquarium, Jones Park, and the Amtrak station, benefiting from strong pedestrian traffic.Financial Information:Annual revenue: $752,000Cash flow (SDE): $195,000Asking price: $400,000Furniture, fixtures, and equipment value: $20,000Inventory value: $6,000Location:The restaurant is located in an entertainment district near restaurants, a comedy club, a daiquiri bar, and a brewery. The nearest pizza restaurant is two blocks away. A new 135-unit, five-story apartment building is under construction within 300 yards of the property.Operations:Current hours: Tuesday through Saturday, 11:00 AM to 7:30 PMLease: $4,150 per month through July 2029Owner-operated business with an established walk-in customer baseMore than 13 years of continuous operationGrowth Opportunities:Expand operations to six or seven days per weekExtend evening operating hoursAdd delivery servicesBenefit from increasing residential density created by the nearby apartment developmentThe current owners are retiring and will provide 30 days of training as part of the sale. Additional training is available by agreement. Seller financing is available for qualified buyers.This business is suitable for a family operator or restaurant group seeking an established restaurant with a proven operating history, a prime location, and opportunities for future growth.