Family-Owned Italian Café

Retail-Commercial for Sale
Catylist Listing ID: 30807032
Property Subtypes: Restaurant
Building Size (RSF): 2,400 SF
Gross Building Area: See Agent
Sale Price: $149,999
Unit Price: $62.50 PSF
In Opportunity Zone? Yes
Property Use Type: Business
Building Name: Well Established Pizzeria
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2022

Overview / Comments

Established in 2008, this independent, family-owned pizzeria is located approximately 25 minutes from downtown Fort Wayne. Located in a 2,400 SF space within a strip center, the pizzeria can seat up to 60 patrons. This family-friendly pizzeria serves a full Italian fare menu in addition to traditional pizza. The pizza crust and appetizers are made fresh daily from scratch. A new owner could bring back the lunch and dinner buffet (stopped due to COVID), or expand the menu by adding deep dish pizza, gelato, beer and wine. The restaurant has limited competition in the local market. Business growth opportunities include launching social media marketing or a direct mail campaign throughout the local area.

Current income from dine-in, carry-out and delivery Traditional ordering, website and mobile app.
POS system recently updated.
Furniture, fixtures and equipment included in asking price (Excludes inventory).
Seller will consider financing for a qualified buyer.

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 000-000-00-000.000
Zoning: RETAIL
Retail Clientele: General, Other
Site Description: Located 25 minutes from downtown Fort Wayne within a strip center.
Area Description: Business has limited local competition.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Parking Type: Surface
Interior Description: Furniture, fixtures and equipment included in asking price. Excludes inventory.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,673 100,102 191,002
Median Age: 32.21 32.63 34.13
Households: 6,458 38,778 77,525

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