Wonderful opportunity for someone to take over an established pizza shop in Fairfield Beach. 30 year established clientele with plenty of potential. Consistent numbers not only annually, but month to month. Current owner does not advertise at all, and does not accept credit cards or debit cards. With a couple tweaks, a person could increase business exponentially. Current annual income of $115,000.00, $34,000.00 NOI. Pretty fair sized ad in The Buckeye Lake Beacon can be had in the $45.00 range, social media can be free or boost ads cheaply. Adding the acceptance of credit cards could also increase business. Business includes real estate, equipment, and recipe. The current lake issues have actually increased business so far this year. Sales Info: ■ Cap rate: 22.0% ■ Commision split: 3.0% ■ NOI: $34,000 Location Description: Fairfield Beach is a small community on Buckeye Lake. It is a year round community, enhanced by tourism and lake activity. Buckeye Lake, constructed as a canal feeder lake in 1826, is Ohio's oldest state park. The park has long been a popular vacation spot and today offers endless water-related recreational opportunities including swimming, skiing, boating and fishing. Fairfield Beach is a census-designated place (CDP) in Fairfield County, Ohio, United States. The population was 1,163 at the 2000 census. Geography Fairfield Beach is located at 39°54?53?N 82°28?41?W (39.914783, -82.478016). According to the United States Census Bureau, the CDP has a total area of 1.0 square mile (2.6 km2), of which, 0.6 square miles (1.6 km2) of it is land and 0.3 square miles (0.78 km2) of it (32.99%) is water. Demographics As of the census of 2000, there were 1,163 people, 470 households, and 321 families residing in the CDP. The population density was 1,795.7 people per square mile (690.8/km²). There were 560 housing units at an average density of 864.7/sq mi (332.6/km²). The racial makeup of the CDP was 97.68% White, 0.17% African American, 0.26% Native American, 0.09% Pacific Islander, 0.09% from other races, and 1.72% from two or more races. Hispanic or Latino of any race were 0.26% of the population. There were 470 households out of which 30.2% had children under the age of 18 living with them, 54.7% were married couples living together, 9.6% had a female householder with no husband present, and 31.5% were non-families. 27.0% of all households were made up of individuals and 12.3% had someone living alone who was 65 years of age or older. The average household size was 2.47 and the average family size was 2.96. In the CDP the population was spread out with 25.8% under the age of 18, 5.3% from 18 to 24, 28.6% from 25 to 44, 26.9% from 45 to 64, and 13.3% who were 65 years of age or older. The median age was 39 years. For every 100 females there were 106.6 males. For every 100 females age 18 and over, there were 99.3 males. The median income for a household in the CDP was $33,882, and the median income for a family was $35,625. Males had a median income of $37,898 versus $25,677 for females. The per capita income for the CDP was $16,486. About 3.6% of families and 6.3% of the population were below the poverty line, including 7.3% of those under age 18 and 12.5% of those age 65 or over. Highlights: ■ PRICE REDUCED! $149,900.00 ■ $115,000.00 consistent annual and monthly revenue ■ $34,000.00 NOI ■ 30 year established clientele ■ Plenty of upside « show less
Wonderful opportunity for someone to take over an established pizza shop in Fairfield Beach. 30 year established clientele with plenty of potential.... show more »
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