Established Restaurant with Loyal Clientele
$175,000
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.
Training included
The seller will help you get up to speed after closing.
About this business
Established pizza restaurant with a stellar reputation for delicious Italian cuisine in a prime Suffolk location. Thrives on word-of-mouth with minimal advertising. Semi-absentee ownership presents a golden opportunity for a hands-on entrepreneur to elevate this beloved local gem. Managers may stay, ensuring a smooth transition.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$175,000
- Annual Revenue$472,940
- SDE$89,010
- 2.0×
- Price to SDE
- 0.4×
- Price to revenue
- 19%
- SDE margin
- Approx. Inventory Value
- $1,000
- Approximate FF&E
- $32,000
Details
- 2008
- Established · 18 yrs
- 8
- Employees
- Restaurant
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- Yes
- Training after the sale
- Included
- Cost
- Free
Property & lease
- Premises
- Leased
- Rent (monthly)
- $3,678
- Lease Expiration
- Mar 1, 2028
Where it is · Virginia Beach, Virginia
Somewhere in Virginia Beach, Virginia. The exact address is not on this listing.
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