Confidential/Undisclosed Location Newton, IA 50208
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 0 Confidential/Undisclosed Location
- Property type
- Commercial real estate
Description
This thriving, well-established franchise pizzeria in central Iowa presents a unique opportunity for a savvy investor. Boasting a gross revenue of $605,061 and a strong Seller's Discretionary Earnings (SDE) of $101,512, this business has a proven track record of success. The asking price is $190,000, which includes $73,622 in furniture, fixtures, and equipment (FF&E) and $3,000 in inventory. Seller financing of $63,000 at 4% interest for 12 months is available. The business employs eight people (one full-time, seven part-time), and the current owner is retiring after five years of operation, offering four weeks of support and training to the new owner. Located in Newton, IA (zip code 50208), this pizzeria benefits from a high-traffic location on a busy road. The business enjoys a loyal customer base and excellent online reviews, testament to its high-quality product and service. A non-compete agreement is in place for 30 miles for five years. The current operating hours offer significant growth potential by expanding to capture additional sales
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Jasper
- State
- Iowa
- Longitude
- -93.0576
- Latitude
- 41.6803
