Well Established Pizza Restaurant For Sale! Live & Work at the Beach!

Corolla, NC
Asking Price:$600,000
Established Year:1994
Real Estate:$350,000
BUSINESS DESCRIPTION

NOT INCLUDED IN PURCHASE PRICE: 2 bedroom, 2 full bath employee condo

Started in 1994, Giant Slice Pizza has built a reputation as the best pizza shop in town. Current ownership took over in 2015 and since then have increased gross sales and profitability, all while being open only six months out of the year!

In addition to increased efficiency in the operations of the business, Giant Slice has also acquired real estate for housing employees (or perhaps the new owner), which is absolutely essential to running a successful seasonal business in Corolla.

This employee condo IS NOT included in the sales price listed here. We currently lease our restaurant space, and that rent is $3,350/month.

The business is set up for further top-line growth in the years to come, due to economic and development forces both outside and within Corolla. Current owner will include in the sale 80 hours of their time for training new ownership; included in this will be many ideas and suggestions to grow the business further, picked up over nine seasons of operation.

Any interested parties will be required to sign a non-disclosure agreement before being given access to financial records, which will show the business is very profitable and has only become more so in recent years. The business is being listed for sale so that the current owner can pursue other business ventures on a year-round basis and no longer operate the restaurant during the summer season.

If you’re tired of working for someone else, here’s your chance to be your own boss. Not only does it allow you to live and work in one of the most beautiful places in the country, but it’s only open for six months out of the year!

Come get your very own slice of the pie!


ATTACHED DOCUMENTS
Non-Disclosure-Agreement.pdf.pdf Download

DETAILED INFORMATION
Location
Corolla, NC
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
1,048
Facilities
All restaurant equipment and furniture. Certain sports memorabilia will remain as part of the sale as well, to be negotiated as part of sale.
Growth & Expansion
One of five pizza shops in town. One of the longest presences and (in our opinion), best pizza in town.
Financing
Not interesed in seller financing; I’ll charge you a much higher rate than banks
Support & Training
80 hours of sellers time to be scheduled as buyer requests and is acceptable to seller.
Reason for Selling
Other opportunities that require time and attention during the summer season

BUSINESS LOCATION
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Adam Collins
Adam Collins