Quick and Associates

Pizzeria/Italian Restaurant Cape Cod

Financial Information
Asking: $150,000
Gross: $360,000
Cash Flow: $112,000
Furniture, Fixtures & Equipment: $33,000
Inventory: $2,000 (included in price)
Real Estate: 0 (not included in price)
Financing: Negotiable
Seller financing is available

Summary Description
Award winning Pizzeria/Italian restaurant on Cape Cod. Excellent location on Route 6 with ample parking. Quality food prepared daily on premises using their own recipes for the majority of the menu. Indoor/outdoor seating with table service. Heavy volume of take out business. Year round favorite with locals & tourists. To accompany our beer/wine license, business was recently approved for year round full liquor license. Common Victualer food license in place. 5 year lease with good terms. Possible to negotiate longer lease for new owner.

General Information
Facilities: Prime location. Stand alone building on Route 6. Common Victualer license, beer/wine, recently approved for year found full liquor license. 1,300 sq. ft. indoors, 1/4 acre outdoors with ample parking. 5 yr. lease $30K/yr. in 2009 & $33K for yrs. 2010-2013 Licensed for 39 seats indoor/outdoors.
Competition: Prime location on Route 6, great lease, only a couple of competitors but none are Italian food.
Growth and Expansion: Extend hours of operation, expand menu & add delivery to name a few.
Support/Training: 2 weeks
Reason Selling: Health issues
Year Established: 2006
Employees: 8