Business For Sale - images.bizbuysell.com · Business Highlights Formerly Nick & Willy’s Pizza,...

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3196 Willow Creek Rd, Prescott, AZ 86301 Price: $329,000 Offered by: Raymond Zogab Josias Solorzano Ph: 619-997-3329 928-713-4513 [email protected] [email protected] Business For Sale Granite Mountain Pizza Company

Transcript of Business For Sale - images.bizbuysell.com · Business Highlights Formerly Nick & Willy’s Pizza,...

Page 1: Business For Sale - images.bizbuysell.com · Business Highlights Formerly Nick & Willy’s Pizza, The Granite Mountain Pizza Company is the Golden Plate Winner for 2016! Excellent

3196 Willow Creek Rd, Prescott, AZ 86301 Price: $329,000 Offered by:

Raymond Zogab Josias Solorzano Ph: 619-997-3329 928-713-4513 [email protected] [email protected]

Business For Sale Granite Mountain Pizza Company

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Executive Summary

Business Profile Reason for selling: Owners are moving out of state Space/Lease: 1.309 SF/ $3,650 USD Year Established: 2004 Leasehold Imp: $75,000 FF&E : $125,000 Inventory : $16,000 Gross Sales 2017 : $222,000 2018 : March-Sept: $222,155 Projection $380,800 Employees : 2-4 Financing: Loan, Owner financing (available), Cash, 1031 Exchange Services: Gourmet pizza, calzone, and salads for take out, delivery, dine-in, and

take-n-bake. Located in a busy strip mall next to Fry’s grocery store and Willow Creek Rd, a busy road.

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Business Highlights Formerly Nick & Willy’s Pizza, The Granite Mountain Pizza Company is the Golden Plate Winner for 2016! Excellent location next to Fry’s grocery store. The business has demonstrated strong cash flow with monthly increases in sale. Upside potential with beer & wine licenses and additional seating capacity. This business was established in 2004 and has strong local presence with the nearest competitor over 4 miles away. Willow Crossroads is an extremely busy retail center due to the density residential homes and limited restaurant options surrounding the area. This restaurant seats 28 and features an exhibition kitchen display. Trade Name, Good Will, Training, and Furniture and all Fixtures & Equipment to transfer at sale (call listing agent for all details) assignment of the existing lease to be approved by Landlord. Training and support provided by owners at close of escrow included in purchase. The owners are moving out of state and are willing to provide a Seller Carry Back with approval of buyer’s credit & financials. Qualified buyer’s & their agents must sign the attached Confidential Non-Disclosure Agreement prior to receiving detailed financial statements. Business financials improved in 2018. The restaurant was closed January, February, and part of March due to repairs, however, the restaurant managed to reach 2017 gross revenues in only 7 months and 3 more months remaining. The quality of pizza continues to be a top priority of the current owners and employees of The Granite Mountain Pizza Company. Training: The existing assistant manage is willing to stay on with new ownership conditioned upon satisfactory negotiations of their employment terms & conditions. In addition, the Owner will to provide support & training after close of escrow. Terms & time frames are negotiable.

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Prescott and Area Highlights Nestled in the heart of Sedona, Jay’s Bird Barn provides all bird watching needs. From custom seed blends that have been created by the founders of Jays Bird Barn and other bird watching equipment, this fascinating business brings customers from all over the Verde Valley.

Embry-Riddle Aeronautical University’s new residence hall stands overlooking Willow Lake. Known as Thumb Butte Suites, the 72,000-square-foot building houses 278 beds, according to the university.

A 200-unit apartment complex at 2051 Willow Lake Road, replacing the Dells View Mobile Home Park.

A 160-unit complex at 3137 Willow Creek Road

Saddlewood  at  Deep  Well  Ranch  is  Prescotts  newest  and  most  exciting  master  planned  community

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Prescott is experiencing extensive growth on the North side of town, which is shown above. These new projects and developments are attracting more individuals and families to the north part of Prescott. Thus making The Granite Mountain Pizza Company a prime location next to Fry’s and other high traffic businesses. The current location is also surrounded by car dealerships, medical buildings, grocery store, other food restaurants and work/school commuters. Granite Mountain Pizza Company offers pizza, calzone, salads, wind and sandwiches. In addition, the restaurant offers gluten-free pizzas. Another desired service that is offered is the option of take-n-bake for customers that rather bake at home. The pizza dough is made daily and fresh ingredients are used with each pizza. Marketing and Sales Different marketing methods are currently being used such as, Prescott Saver, Money in the Mail, Slice (online ordering system with website and app), GrubHub. Facebook has also been a great business generator for the restaurant and continues to bring people through the door.

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Current Facility Size 1,309 SF Lease: $3,650 per month, current expires on July 2019 with the option to renew Hours of operation: Monday – Sunday, hours vary High traffic shopping center, next to Fry’s grocery store Seats 24 people

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Kitchen prep area with plenty of storage of inventory and supplies. Kitchen and prep areas are setup to provide efficiencies and quick turn around on orders. These are kept clean and well taken care of. There is enough space to add alcoholic beverages as an added menu item.

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Food The Granite Mountain Pizza offers a variety of menu items. Unlike most pizza restaurants, Granite Mountain makes gourmet pizza with special ingredients and fresh sauces. The flavors of each dish is what keeps clients coming back for more. The consistency of quality and service has helped this business be successful. They also specialize in salads, buffalo wings, and calzones. Opportunity Beer and Alcohol! This restaurant would be 1 of 2 restaurants within a 4-mile radius that would provide the sale of alcohol. There is a unique opportunity to add this to the menu items.