Pizza Franchise For Sale – Camp Hill, Pennsylvania
Pizza Restaurant for sale in Camp Hill, Pennsylvania for $100,000! Seller financing is available with $75,000 down. Established business opportunity, currently grossing an estimated $402,700 and nets $56,171. Income based on an owner/operator role. Restaurant is operating with 9 employees that are willing to transfer if given the opportunity. Includes all kitchen equipment and restaurant fixtures. Turnkey business with a loyal customer base and a great reputation. Restaurant currently offers an Italian and gourmet pizza menu for dine-in, take out and delivery. Current owner recently spent $60k renovating the restaurant. Owner is willing to provide training. Plenty of growth opportunity for this business! Please be advised that the owner will not entertain SBA loans, or third party lending. If seeking additional financing, buyer must be able to borrow against personal assets. For additional lending options Apply Here.
Frequently Asked Questions:
What is the current gross revenue for this restaurant?
The current gross revenue being generated is estimated at $402,700.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
Owner is willing to offer financing of $25,000. Terms to be discussed. Need more? You can review Financing Options Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and insurance. Expenses are estimated to be $233,000 per year.
What type of insurance do I need?
In most cases restaurant owners will need a minimum of the following insurance policies: business liability, worker’s compensation and business property insurance. Restaurants For Sale now offers discounts on insurance! Through our size and volume, we have partnered with some of the largest insurance brokers in the nation to offer the best rates. Request Your Free Insurance Quote Here.
Is the restaurant property owned or leased?
Currently the owner leases the property. Lease terms remain for 5 years at $2,900 per month. New owner must be approved by the landlord. Note: New buyer will negotiate and sign lease terms with the property owner.
Where is the restaurant located?
This restaurant is located in Camp Hill, Pennsylvania. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
Current list of equipment includes: oven, fryer, griddle, mixer, slicer, tables and chairs and much more! Estimated Value is $60,000.
What is the size and how many customers can this restaurant seat?
The restaurant is a corner store, 2900 sq.ft and can seat 49 inside.
Does this restaurant currently have a beer or liquor license?
No, there is no beer or liquor license included with this sale.
Does this restaurant offer drive-thru or delivery service?
The restaurant currently offers a delivery service but there is no drive-thru.
How long has the seller owned the restaurant?
Seller has owned this restaurant for 5 years.
Why is the owner selling?
Seller is relocating out of state.
What are the hours of operation?
This restaurant is operated from 10.30am to 9.00pm Monday through Sunday.
What type of neighboring business are in the area?
This plaza has a cinema as the “Anchor Store”. The business is also close to a gas station, other businesses and residential homes.
What do you recommend when purchasing a business?
When purchasing this type of business we recommend forming some type of entity such as an LLC or Corporation to do business under. This not only offer protection for your personal assets, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What else should I know?
Established Italian and pizza restaurant! Turnkey and move in ready. Restaurant has a loyal customer base and offers dine-in, take-out and delivery service. Includes the cost of all equipment worth an estimated $60,000. Some seller financing is available. Recently renovated. Plenty of opportunity to increase revenue. Priced at $100,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!
Disclaimer: Restaurants For Sale is a Restaurant Broker that brings buyers and sellers together. Restaurants For Sale does not represent, or is not affiliated with the company or franchise being offered. All agreements are made between the buyer and seller and not Restaurants For Sale. It is the prospective Buyer’s duty and obligation to verify the accuracy of the Seller’s representations and if necessary retain attorneys, accountants, business appraisers, or other professionals. The representation of income is based on the efforts of the current owner. As with any business you can make more or less.