Well-Established Italian and Pizza Restaurant for Sale!
Wilmington, DE
| Asking Price: | $295,000 |
| Rent: | $5,645/Month |
| Gross Revenue: | $900,000 |
| Established Year: | 2017 |
Listing ID: 2272552Listing provided by BizBuySell
BUSINESS DESCRIPTION
Are you passionate about Italian cuisine and looking to own a successful, turnkey restaurant? This is a unique opportunity to acquire a well-established Italian and pizza restaurant with a loyal customer base and a prime location in Pike Creek, DE. This is an ideal opportunity for someone ready to step into a thriving business with a proven track record. Don’t miss out on this chance to own a beloved local restaurant and continue its legacy of success.
DETAILED INFORMATION
Location
Wilmington, DE
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
31/07/2026
Employees
8
Facilities
Furniture, fixtures and state-of-the-art kitchen equipment is included in the sale price! The lease is good until 7/31/26 and monthly rent is currently $5,645. Liquor license is transferable to an approved buyer.
Competition
Please note that while there are several restaurants and bars in the area, none currently offer Italian cuisine.
Growth & Expansion
Extend the hours of operation to include late nights and Sundays. Consider adding delivery options, a happy hour menu, and a selection of drinks to attract more customers and boost sales.
Financing
Owner is willing to finance to a acceptable buyer and terms.
Support & Training
Sellers are willing to train new owner upon executed agreement of sale and two weeks after settlement.
Reason for Selling
Moving
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