Tutto Matto Pizzeria: Great Cuenca Investment and Business Opportunity - #1 Pizzeria, #2 Restaurant in the City

Cuenca, Cuenca, Azuay, Ecuador

Basic Listing Information

Price
$60,000
Listing ID
CS1900023
Property Type
Restaurant
Listing Type
Commercial Sale
Status
Active
Images
18
Beds/Baths
-/2
Baths
2
Location Type
Urban
View Type
City View
Total Lot Size
180.00 m² (1,937.50 sq ft)
Total Interior Area
180.00 m² (1,937.50 sq ft)

Listing Images

This is a great Cuenca investment and business opportunity for someone wanting to take over the widely successful restaurant and well-established, Tutto Matto Pizzeria.

This highly popular restaurant is totally turnkey and ready to go — with all of the tables, chairs, plates, linens, and kitchen equipment, as well as the “secret recipes” and training sessions by the owners included in the purchase price.

A customer favorite, located in the high-traffic area on Avenida Solano, Tutto Matto Pizzaria is currently rated the number #1 Pizzeria and the #2 Overall Restaurant in Cuenca by Trip Advisor and as such is an investor’s dream. The restaurant also received the #1 “Best Pizza” award from the local online publication “Gringo Post.”

An expat hang-out, this 1,938 sq. ft (180 sq. meter) restaurant is also frequented by local Ecuadorians who come for the fabulous pizza, pasta, salads and even burgers. But the heart of this restaurant is Italian fare, and the ambience and flavor are that of New York City’s best pizzas and pasta.

Open since September 2014, the restaurant has gained a loyal following, guaranteeing a customer base as soon as you open. The current chef, who worked in Chicago for 13 years, will provide a two-week training session for the new owners, to pass on recipes, talk about the business and customize the menu to make the new owners shine while standing apart. He has also committed to staying with the restaurant to make the transition as easy as possible.

The current owners, who will also be part of the training sessions, ran the restaurant by themselves with the owner/chef taking months off on holidays and summers, yet still, this restaurant retained its popularity and showed profits.

For the buyer, this means that Tutto Matto Pizzeria has the capability of continuing on as a “mom and pop” restaurant — perfect for people looking to supplement their retirement incomes — or to be open as a full-time, money-making venture for a young couple or group of investors choosing to increase profits.

Included in the purchase price are over $30,000 worth of kitchen and restaurant equipment including a large pizza oven & pizza stone, a True Pizza Prep Cooler, a 3-burner industrial grill, refrigeration, a large freezer, 2 beverage coolers, a True wine and beer cooler, industrial sinks, a Lamination exhaust hood and pots and pans, dishes, glasses, and cutlery.

Eighteen (18) tables and 48 chairs are included, as are the hand-crafted granite bar, lighting fixtures, electrical and plumbing mechanisms, gas tanks, artwork, and the outside canopy and signage. The trademarked name, Tutto Matto Pizzeria, is also included in the sale price and will be transferred to the new owners upon purchase.

The listing price of the restaurant is $60,000 cash and may be paid in the United States or Ecuador. The monthly lease on the building — which is guaranteed by the owner to continue for five years minimum – is $700 per month, plus IVA tax of $84.

Financials, a full inventory list, and detailed information are available for serious buyers.

If you have ever dreamed of owning your own successful, ready to roll restaurant- or are moving to or returning back to Cuenca and looking to take over a successful business venture immediately — Tutto Matto Pizzeria may just be the perfect investment opportunity for you.

See More Details

Details
Number of Full Bathrooms 2
Total Interior Area 180.00 m² (1,937.50 sq ft)
Total Lot Size 180.00 m² (1,937.50 sq ft)
Number of Stories 1
Roof Type Concrete Flat Roof
Floor Covering Tile
Construction Type Concrete
Construction Status Completed
Year Built 2014
Appliances Included Dishwasher, Freezer, Grill, Microwave, Oven, Refrigerator, Stove, Stove Hood, Other
Appliances Included Comment 3-burner industrial grill, refrigeration, a large freezer, 2 beverage coolers, a True wine and beer cooler, industrial sinks, and a Lamination exhaust hood
Air Condition & Heating No
Furnished Type Fully
Pool No
Jacuzzi No
Parking Type Parking Lot, Street
Number of Parking Spaces 6
Geography
Location Cuenca, Cuenca, Azuay, Ecuador
Country Ecuador
State Azuay
County Cuenca
City/Town Cuenca
Location Type Urban
Geographic Type Highlands
View Type City View
Features
Interior Features Included Bar, Other
Interior Features Included Comment Eighteen (18) tables and 48 chairs are included, as are the hand-crafted granite bar, lighting fixtures, electrical and plumbing mechanisms, gas tanks, artwork, and all kitchen equipment
Exterior Features Included Paved Driveway, Other
Exterior Features Included Comment Outside canopy and signage. The trademarked name, Tutto Matto Pizzeria is also included in the sale price and will be transferred to the new owners upon purchase.
Security Features Automatic Gate, Perimeter Fencing
Infrastructure
Street Access Type Paved Road
Type of Water City Water
Type of Electricity Public
Type of Sewer Public
Type of Internet Cable Internet
Television Available -
Financial/Legal
Price per Air-Conditionable Living Area $333.33/m2 ($30.97/sqft)
Price per Square Meter $333.33/m2 ($30.97/sqft)
List Price $60,000
Ownership Type Unknown
Ownership Type Comment The building where the restaurant is located is leased. The owner has agreed to give new owners a five-year lease at $700 per month, plus IVA tax of $84

Print Listing

Agent Information
Ashley Rogers
Ashley Rogers

Ashley Rogers

Ecuador At Your Service

Phone:
+593 995475116
Cell Phone:
+1 9175030375
Office Phone:
+ 593 99 547 5116
Agent Contact