Business Category: Franchise and Restaurants
City/Region: Mackinaw City
Listing Price: $309,900
Cash Flow: $136,430
Equipment Value: $60,000
***Special Note: In a victory for small business buyers, the recent $900BB stimulus bill directs the SBA to pay the first 6 months of new SBA 7(a) loans approved between February 1 and September 30, 2021 (up to $9,000/month). Our advice: Don’t wait. Find a quality business and get moving quickly. Banks will be busy this year and buyers that wait until July/August will likely lose out.
Turn-key and profitable pizzeria for sale! This consistently profitable restaurant has built its reputation on flavorful, gourmet quality pizza and pasta, as well as a strong commitment to customer satisfaction.
The Restaurant is in beautiful Northern Michigan – a tourist hotbed. The restaurant serves a loyal customer base, as well as the annual influx of tourists.
The Business has many opportunities for growth including expanding catering sales and investing in more rigorous marketing and advertising. Due to tourist fluctuations, the Company operates full time in the summer, and part time in the winter, giving the owner extra flexibility.
Current ownership desires to sell the business to focus on another business and spend more time with family. Ownership is willing to assist a new owner through a reasonable transition period.
Opportunities For Growth:
(1) Organic Growth
(2) Pursue Additional High-Margin Catering Sales
(3) Growing Tourism in the Area
(1) Turn-Key Pizzeria, Highly Profitable
(2) Established and Loyal Repeat Customer Base
(3) Flexible Seasonal Hours with Full-Time Operation in Summer, and Part-Time in Winter
(4) Established and Supportive Franchisor
(5) Excellent Online Customer Reviews
(6) Online Ordering Platform and Menu/Pricing Autonomy
Real Estate Available: For lease
Reason For Sale: Focus on other business
Number of Employees: 20