Well-Known Pizzeria & Brand For Sale – Rhode Island - Corbett Business Sales & Acquisitions
Newport County

Well-Known Pizzeria & Brand For Sale – Rhode Island

Offered At
$ 647,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
250000
EBITDA
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FFE
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Year Established
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Includes REA
0
Lease SF
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Lease Rate
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Lease Term
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Lease Description
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Real Estate Description
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Reason For Selling
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Description

Well known and loved Pizzeria & Brand for sale in a Rhode Island Hot Spot. This business has decades of profitable success. The owner is retiring and would like to pass the baton on to the next generation. The business should be bank financeable for qualified buyers.

Parking: Plenty of parking available
Lease Terms: 3 years remaining with one (1) option
Base Rent: $4,167 plus NNN
Seating: 40 seats
Size: 2,000 square feet
Hours: Open daily 11a-11p
Licenses: CV
Cash Flow: $250,000 (Seller’s Discretionary Earnings)
Sales: $1,240,000 per year
Concept: Pizza Restaurant
Asking Price: $647,000 (For the Business) – Bank Financing Available for Qualified Buyers

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