Business Summary
It is Turks and Caicos' first and only Neapolitan Pizzeria, located in the heart of Grace Bay. Opened June 16, 2023, Provoli is nearing its second full year of operations and already is profitable. Rated the Island's TOP pizzeria. Turnkey operation with SOPS already in place. A very affordable lease and low overhead costs, make this an attractive acquisition especially for an owner that wants to work in it, it can operate as a one or two person pizza parlor. The owner is a private chef who was recently certified in Neapolitan Pizza at AVPN in Naples, Italy and is selling because he wants to focus exclusively on his main business and real estate. It is for this reason that the business only operates at 35% of its operating capacity; currently open 5 evenings only, Wednesday to Sunday from 430pm to 9pm. The new owner would have the opportunity to add up to 65% operating capacity with 2 additional Dinner slots (Monday and Tuesday) and 7 Lunch Slots (Monday to Sunday), this doesn't even take into account the option of being open for breakfast/coffee. Despite the fact that the business only currently operates at a fraction of its operating capacity, it's still profitable in its first year ( Sales reports and PNL figures are available for serious buyer inquiries).
Top performing Pizza Shop on the Island (4.9 Stars on Google Reviews) in the most coveted Grace Bay area. Overlooking the newly built Grace Bay Market's brand new section, Provoli is less than a ten minute walk to Grace Bay Road, home to the largest resorts and commercial real estate in Turks and Caicos. Large parking area surrounds the complex. Grace Bay market hosts numerous concerts, venues, parties and there is also opportunity to create vendor stands for additional presence there.
Please contact us for more details.
Property Details
Size:
220 indoor space (used for kitchen and takeout window) all seating is outdoors in the market
Other Business Details
Business Location:
Market Plaza, Outdoor Food Court, 2nd floor, nice Patio included with tables and chairs, can seat up to 18 people
Premise Details:
Grace Bay Market is a Tourist and Locals destination in the heart of Grace Bay offering local vendors, shops and restaurants.
Competition:
No other Neapolitan pizzerias on island with quick service model
Expansion Potential:
Franchise ability, very simple to operate and replicate
Business Operation Details
Trading Hours:
Wednesday to Sunday 430pm-9PM
Support & Training:
Can provide up to a 60 day handover process and training to the new owner or operator who can then train their staff or if they choose to keep current staff
Miscellaneous Details
Reason For Selling:
Focusing on my other businesses