Pizza Restaurant For Sale Harrisburg, Pennsylvania
Pizza Restaurant for sale in Harrisburg, Pennsylvania for $60,000! Established business opportunity, currently grossing an estimated $270,000 and nets $50,435. Income based on an owner/operator roll. Restaurant is operating with 8 employees - 2 cooks, 2 cashiers and 4 drivers, that are willing to transfer if given the opportunity. Includes all kitchen equipment and restaurant fixtures. Turnkey business with a loyal customer base in an established plaza. Restaurant currently offers an Italian and gourmet pizza menu for dine-in, take out and delivery. Plenty of growth opportunity for this business! Please be advised that owner will not entertain seller financing, SBA loans, or third party lending. If seeking financing, buyer must be able to borrow against personal assets.
Frequently Asked Questions:   Price: $60,000   Cash Flow: $50,435   Financing: No   Listing: Sold
What is the current gross revenue for this restaurant? The current gross revenue being generated is estimated at $270,000.
How does the restaurant profit? Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant? Unfortunately there is no financing and this business will not qualify for a business or SBA loan due to the cash nature. However, if financing is needed for startup cost you can review additional Financing Options Here.
What are my expenses and overhead for a restaurant business? Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance.
Is the restaurant property owned or leased? Currently the owner leases the property. Lease terms remain for 4 years at $1,600 per month. New owner must be approved by the landlord. Note: New buyer will negotiate and sign lease terms with the property owner.
Where is the restaurant located? This restaurant is located in Harrisburg, Pennsylvania. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale? Current list of equipment includes: oven, fryer, griddle, mixer, slicer, tables and chairs and much more! Estimated Value is $19,000 .
What is the size and how many customers can this restaurant seat? The restaurant is 2000 sq.ft and can seat 20 inside.
Does this restaurant currently have a beer or liquor license? No, there is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service? The restaurant currently offers a delivery service but there is no drive-thru.
How long has the seller owned the restaurant? Seller has owned this restaurant for 13 years.
Why is the owner selling? Seller owns multiple locations and is looking to downsize.
What are the hours of operation? This restaurant is operated from 10.30am to 10.00pm Monday - Saturday and 11.00am to 9.00pm on Sunday.
What type of neighboring business are in the area? Currently this plaza has the following businesses: Bar and Grill, Hair Salon, Auto Store and more.
What do you recommend when purchasing a business? When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know? Established Italian and pizza restaurant! Turnkey and move in ready. Restaurant has a loyal customer base and offers dine-in, take-out and delivery service. Includes the cost of all equipment worth an estimated $19,000. Plenty of opportunity to increase revenue. Priced at $60,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer's duty and obligation to verify the accuracy of the Sellerís representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.