Property summary
This thriving, turn-key pizza parlor presents a fantastic opportunity for an ambitious entrepreneur. Located at 381 Perry Street Unit 381, Fostoria, OH, this well-established business, known as Red's Pizza, is offered at $300,000. The sale includes all equipment and contents, making for a seamless transition. Situated on a 0.11-acre lot, the property boasts a history of successful operation. Recent upgrades significantly enhance efficiency and longevity. These improvements include a new rubber roof (2017), a new air conditioning unit (2017), a new freezer (2017), a large prep table (2017), a new ice machine (2021), a new compression system for the walk-in cooler (2022), a new small prep table (2023), a new water heater (2023), new oven valves (2024), a new compressor for the three-door cooler (2024), and a new outside water line (2024). The sale does not include Fostoria memorabilia. This is a rare chance to acquire a profitable, established business with minimal start-up costs and significant recent investments in equipment and infrastructure. The prime location ensures continued success for the right owner. Don't miss this exceptional opportunity to own your own piece of Fostoria's culinary scene.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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