Property summary
This established gourmet pizza restaurant in Gulfport, Mississippi, presents a lucrative investment opportunity. Priced at $469,999, this turnkey operation boasts impressive annual gross revenue of $739,040 and a seller's discretionary earning of $143,904. The 1,825-square-foot space, built in 2013, is currently leased at a monthly rate of $4,150, with the lease expiring June 30, 2029. The sale includes all equipment, a full liquor license, and ample indoor seating for 50 guests. Key equipment includes a Middleby Marshall pizza oven, Cazmo four-burner gas stove, a comprehensive hood system with fire suppression, various coolers (including a walk-in cooler), a Hobart mixer, an Acme dough machine, a Hoshizaki ice machine, a Toast POS system, and extensive prep tables and shelving. The current owner, retiring after operating since 2013, will provide up to three weeks of training. The restaurant operates with 13 employees, currently maintaining limited daily hours (11 AM to 7:30 PM) and is closed on Sundays. Located in a thriving downtown area, the business benefits from excellent lunch sales and a strong, growing customer base in a city consistently ranked among the best in the South. This is an independent operation, offering significant growth potential for a new owner without franchise fees or marketing restrictions. The sale is an asset sale; inventory is not included in the asking price, and seller financing is unavailable. The restaurant qualifies for SBA lending.
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Property description
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