What is the current gross revenue for this restaurant?
The current gross revenue being generated is estimated at $347,586.
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?
There is no seller financing available. However, if financing is needed for startup cost, you can review 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 insurance.
What type of insurance do I need?
In most cases restaurant owners will need a minimum of the following insurance policies: business liability, worker’s compensation and business property insurance. Restaurants For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
Is the restaurant property owned or leased?
Currently the owner leases the property. Lease terms remain for 4 years. 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 the Camp Hill, Pennsylvania area. 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: all furniture and kitchen equipment, pizza oven, stove, grill, two deep fryers, 2 sandwich prep tables, pizza table, microwave, 3 coolers, 3 door freezer, security system, 3 televisions, and more! Estimated Value is $65,000.
What is the size and how many customers can this restaurant seat?
The restaurant is a corner store, 2000 sq.ft and can seat 50 inside.
Does this restaurant currently have a beer or liquor license?
No, there is no beer or liquor license included with this sale.
Does this restaurant offer drive-thru or delivery service?
The restaurant currently offers delivery service through Seamless, Grubhub, and Doordash. There is no drive-thru.
How long has the seller owned the restaurant?
Seller has owned this restaurant for 2 years.
Why is the owner selling?
Seller is relocating.
What are the hours of operation?
This restaurant is operated from 10.30am to 9.00pm Monday through Sunday.
What type of neighboring business are in the area?
This restaurant is located in a well established area near other restaurants, stores, a movie theater, and a school.
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 $65,000. 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!