Pizza Location with Lottery, Real Property & Apartment!
Just listed! Established Pizza location which has been a staple in the community for 27 years that has great food in house and delivery! There is 3100 square feet with a full kitchen, Beer and Wine License, seating for 45, open eating area which has room to add a bar, separate Lottery room with 5 Poker machines which did a net in 2020 of $26k and a net in 2019 of $65k, great parking and great cash flow! Business has room to add a 6th machine and would be able to obtain a hard liquor license. There are currently 8 employees. Business is currently open for take out and Lottery play. Take out and Lottery play hours are: Closed on Mondays, Tuesday thru Thursday 4:00 p.m. until 9:00 p.m., Saturday & Sundays 11:00 a.m. until 9:00 p.m. and Sundays 4:00 p.m. until 9:00 p.m. Reap Property is included in sale which has been well maintained and is on .23 acres with a lot size of 10,000. Property is zoned CL Commercial. Seller has a 20 year roof that was installed in 2016. There is also an apartment attached to the property which is good condition and is currently rented for $500 per month that is on a month to month. This would be the perfect set up for an on premise owner or an on site manager. Seller will carry for 20 years at 6% interest with qualified Buyer. This property is turn key, has great potential and fantastic terms! Please do not contact staff or patrons. All Buyers will be asked to verify funds and credit.
Olcc
LOP
Sq. Ft
3100
Zoning
CL Commercial
Lottery
Yes
Lot Size
.23 acres with a lot size of 10,000
Property
Yes
Employees
8
Down Payment
$150K
Apartment Rent
$500 per month
Roof Installed
2016 (20 year roof)
Lottery Net 2019
$65k
Lottery Net 2020
$26k
Seller Financing Terms
20 years at 6% interest
Financials
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