Steve Josovitz of Shumacher Sells Savage Pizza Avondale – Famous, Freestanding & Profitable

by Steven Josovitz

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Steve Josovitz of The Shumacher Group, Inc. has sold Savage Pizza Avondale Estates. The Shumacher Group, Inc. and Steve Josovitz represented Seller in transaction but assisted Buyer thru process.

Seller Info:

Well Established & Famous.

2019 $254,929.39

2019 $828,411.93

2018 $296,668 Net Profit.

2018 Gross Sales $840,000.

2020 is strong and only slightly lower due to COVID. 

Solid books and records.

Restaurant Owner is Landlord which adds an extra level of assurances. 

$6,400 monthly rent. 

Long term lease with options to renew with great Landlord. 

2700/sf.

Seating 80.

Outdoor patio seats 30. 

A small bar serves beer and wine. 

Dedicated parking for 30.

The loyal staff of 15 makes for an easy transition. 

Owners spent $650,000 to open doors. 

1500-gallon grease trap. 

Name and Recipes will be used under a very reasonable license agreement or Buyer may change to its own brand. 

$489,000 

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