Pizza Restaurant for sale in the Polk County, Texas region for $265,000! This pizzeria is the only game in town, currently grossing an estimated $475,288 and nets $142,282 as an owner/operator. Serving only the finest and freshest ingredients, this restaurant includes a salad bar and daily home-made dough. Customers can enjoy a comfortable family dining atmosphere with room for 32 inside and 24 outside. Drive through, dine in, delivery, and online ordering options are available for all menu items. No one else delivers in roughly a 20 mile radius and deliveries represent roughly 1/3+ of total sales. Restaurant is operating with 8 – 11 trained employees. Includes all kitchen equipment and restaurant fixtures. Turnkey business with a loyal customer base and a great reputation. Located on a busy highway with few other restaurant options around, this restaurant has plenty of growth opportunity! Some financing available for buyers who qualify for a revolving credit line through our third party source. Apply Here.
Frequently Asked Questions:
What is the current gross revenue for this restaurant?
The current gross revenue being generated is estimated at $475,288.
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?
Possible seller financing available to qualified buyers. Terms to be discussed. If further financing is needed for startup cost, 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, royalties, uniforms, repairs, office expenses, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and insurance.
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 4 years, capped at $1,200 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 the Polk County, Texas area. 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: all furniture and kitchen equipment, street sign, 5 car top delivery lights, 2 ovens, stainless steel table, 3 coolers, 2 door freezer, 3 door cooler and dough table, dough mixer, outdoor picnic tables, 6′ buffet warmer, security system, televisions, and more! Estimated Value is $81,887.
What is the size and how many customers can this restaurant seat?
The restaurant is 1,560 sq.ft and can seat 32 inside and 24 outside.
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 has a drive-thru and currently offers delivery service.
How long has the seller owned the restaurant?
Seller has owned this restaurant for 4 years.
Why is the owner selling?
Seller is retiring.
What are the hours of operation?
This restaurant is operated from 10:00am to 10:00pm Monday through Sunday.
What type of neighboring business are in the area?
This restaurant is located on a busy highway with few other restaurants and businesses as competition. Besides this restaurant no other delivery service is available in roughly a 20 mile radius.
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 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 $81,887. Plenty of opportunity to increase revenue. Priced at $265,000. 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.