Lewiston Turnkey Pizzeria

Lewiston, ME
listing image
Asking Price:$230,000
Gross Revenue:$438,000
EBITDA:$438,279
Cash Flow:$60,000
Rent:$2,540/Month
Established Year:2010
BUSINESS DESCRIPTION

Established Turnkey pizzeria with 14+ years of history. Currently located off of 126/Sabattus st this business benefits from heavy traffic exposure. Residential neighborhoods and commercial businesses all around create endless customer streams. All appliances and inventory will convey. Landlord willing to extend a favorable long-term lease with new tenant to keep operations going smoothly. The current business model has been averaging over $400,000+ in gross sales past 5 years with plenty of opportunity to make more. 2024 projected to reach $450,000 in sales.


ATTACHED DOCUMENTS
Floorplan.pdf.pdf Download

DETAILED INFORMATION
Location
Lewiston, ME
Inventory
Included in asking price
Real Estate
Leased
Employees
6
Facilities
Included with the sale of the business is all of the equipment and personal property in use with running the business. The current landlord is willing to provide a new lease to the new business owner to assist in getting them transitioned.
Competition
Surrounded by a lot of residential homes, multi-family rental units and commercial businesses there is a large customer pool for this restaurant.
Growth & Expansion
Owner cannot run the business as it should and is selling due to health related issues. There is a lot of room for growth.
Support & Training
Owner willing to negotiate terms of a transition including training on prep work and operations.
Reason for Selling
Personal Health

BUSINESS LOCATION
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Brandon Caruso
Brandon Caruso