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Turnkey Pizza Shop with Absentee Owner Potential

RestaurantFor sale in Virginia Beach, VirginiaEst. 200710 employees
Turnkey Pizza Shop with Absentee Owner Potential
Photos on request

$475,000

For Sale
Asking price
  • Seller financing available

    The seller is open to letting you pay part of the price over time.

  • Real estate included

    The property comes with the business.

  • Long lease in place

    The current lease runs for several more years.

About this business

Turn-key pizza shop in Virginia Beach with prime location, established customer base, and recent renovations. Ideal for absentee owners with only 10 hours weekly involvement. Includes experienced management team and significant growth potential through enhanced marketing.

The numbers

How the asking price compares with what the business brings in each year.

  • Asking price$475,000
  • Annual Revenue$792,561
  • SDE$194,060
2.4×
Price to SDE
0.6×
Price to revenue
24%
SDE margin
Approx. Inventory Value
$1,100
Approximate FF&E
$99,481

Details

2007
Established · 19 yrs
10
Employees
10
Owner hours per week
Restaurant
Business type
Leased
Premises

Financing & transition

Seller financing
Yes
Training after the sale
Included
Cost
Free

Property & lease

Premises
Leased
Rent (monthly)
$4,457
Lease Expiration
May 10, 2031

Where it is · Virginia Beach, Virginia

Somewhere in Virginia Beach, Virginia. The exact address is not on this listing.

Somewhere in Virginia Beach, Virginia

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