Smithville Crossings #9

Great opportunity to purchase a turnkey pizzeria and step in day one and be profitable. Bambini’s Pizza is a local pizzeria located in Southport, NC that has been in operation since May of 2018. The owners, Ken and Fonda Williams, started the business with the intention of this being a lifelong endeavor that they would eventually pass along to their children to take over once they decided to retire. But now, an unexpected calling to participate in mission work has them moving overseas. So now they are selling their local family owned business for a higher cause.

The business includes an assignable lease with 4 years remaining on the term as well as an extensive list of equipment. Net sales for 2022 were $539,687.98. The sales in 2023 decreased to $469,488.70 as a result of them closing two days a week in addition to them shutting down for multiple straight weeks at a time while they went overseas to focus on their mission work. Sales in 2021 when they were open six days a week and solely focused on the business totaled $630,495.27. So tremendous potential for growth to regain that sales volume (three years of P&L’s available upon request).