PreApproved Pizza and Italian Restaurant

Peoria County, IL

Seller Financing Available

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Asking Price:$249,000
Gross Revenue:$618,695
Rent:$3,000/Month
Established Year:1980
Cash Flow:$205,571
Inventory:$3,000
FF&E:$25,000
BUSINESS DESCRIPTION

This business is well established with a great following. This is an outstanding to purchase this legendary area restaurant. AND: It is very profitable! Option to purchase the real estate. TurnKey opportunity! PreAproved for financing


DETAILED INFORMATION
Location
Peoria County, IL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two dining areas, bar, game area, pylon sign, food prep, stove, pizza ovens, fully integrated restaurant management software, price includes all recipes, high visibility, front door parking.
Competition
Normal number similar restaurants
Growth & Expansion
Market delivery services. Offer “health food” options Sell the special sauce: In house, grocery stores, website Emphasis on “home-cooked” sauce Take home and cook pizza Fund raiser events Contract catering Special dough
Financing
Seller is willing to carry some paper
Support & Training
Owner is able and willing to assist with the transition
Reason for Selling
Family issues
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Steve
Sink, CBI-M&AMI
Phoenix Affiliates
Steve Sink, CBI-M&AMI