Established Pizza Restaurant in Suffolk - $175,000

This listing presents a well-established pizza and Italian restaurant located in Suffolk, VA, with 20 years of operating history since its founding in 2008. The business boasts a strong local reputation, driven primarily by word-of-mouth referrals and its strategic location within a vibrant shopping plaza. With gross revenues of $474,517 and a total income of $89,010, the business is currently semi-absentee managed, offering a significant opportunity for a new owner to increase profitability through dedicated attention and enhanced marketing efforts. The current management team is reportedly willing to stay on. The lease is valid until March 2028 with no reported rent, and the sale includes $32,000 in equipment/fixtures and $1,000 in inventory, along with recent upgrades like a new walk-in fridge and freezer. This is a prime opportunity for an owner-operator or investor looking to acquire a stable food service business.