Pizzeria/Pizza Restaurant in Delaware County, PA – Year Over Year Growth THROUGH 2020!

Price: $650,000

Location: Delaware County, PA

Industry: Food and Restaurants

Listing ID: 12092020

Price Just Reduced!

HEAVY CASH BUSINESS!

GREW in 2020, despite Covid-19!!

Old School pizzeria with a 40-year history located in the heart of a wealthy mainline town in Delaware County, PA. Well-equipped and highly profitable! Surrounded by several bustling college communities and family friendly neighborhoods. This authentic pizzeria has strong market presence, excellent name recognition, time-tested recipes originating from the birthplace of pizza (Naples, Italy) that have been passed down from generations of Neapolitan families – a true testament to its authenticity!

Everything is made fresh and in-house from their sauces to their dough.

This Italian pizzeria is situated in a 1700 sq. ft. space with a basement of the same size as well as designated parking located in the rear of the building and street parking in the front.

All FFE is included in the purchase price (approx. $45k of equipment). Brand new pick-up window just installed in 2020 at the front of the shop for grab and go orders and for the convenience of patrons not having to come into the pizzeria during the pandemic, resulting in quicker service during busy times.

Seller Financing Available!!

Owner is looking to retire and is motivated to sell!!

ASK $650k

Revenue $620k (2019) $635k (2020) – Growth DESPITE Covid-19!

Adjusted EBITDA: $201k

HEAVY CASH BUSINESS!

Listing Details

Gross Revenue: $634,997

EBITDA: $201,000

FFE: $45,000 (Included in Price)

Reason For Sale:

Retirement

Training & Support:

Will provide

Operation

Year Established: 1980

Location

Type of Location: brick-and-mortar right on the main street

Square Footage: 1700 + basement of equal size

Summary

Financing/Terms:

Seller Financing Available!