Established Pizza Restaurant for Sale in Suffolk

This is a well-established, 20-year-old neighborhood pizza restaurant located in Suffolk, VA. It boasts a strong reputation for serving excellent pizza and other Italian dishes, primarily driven by word-of-mouth referrals due to its prime location within a shopping plaza with strong anchor tenants. The business has seen sustained revenue with minimal advertising. Currently operated by a semi-absentee owner, this presents a significant opportunity for a new owner to invest attention and potentially grow the business further. The experienced management team is willing to stay on, ensuring a smooth transition. Key assets include $32,000 in equipment and facilities, $1,000 in inventory, and $30,000 in leasehold improvements, including a new walk-in fridge and 3-door freezer. The lease expires in March 2028, with a reported total rent of $0, indicating unique lease terms or ownership structure.