Should I buy an existing pizzeria or open a new one?
Buying a trading pizzeria gives you equipment, premises, a phone number, app listings and regular customers that a start-up must build. A new shop gives you a blank slate and your own layout, but a longer wait and no sales history. Which suits you depends on your savings, your timeline and how much you want to change.
Both routes lead to a working pizzeria. They differ in what you inherit and what you build. An existing shop comes with history, good and bad. A new one comes with none. Neither is the right call for everyone, and the choice rests on your savings, your patience and how much you want to change. Here is what each side asks of you.
What an existing pizzeria already has
A trading shop usually has its ovens, hood and venting installed and in use, a phone number people already call, and delivery-app listings with ratings and rankings. It also has regular customers and a team that knows the menu. Ask what transfers to you, and whether the landlord and the local inspectors must be told about the change of owner.
What a start-up has to build
A new pizzeria means finding premises, designing and fitting out the kitchen, getting the venting and equipment checked for any approvals, hiring and training staff, and then starting with no reviews or delivery history. Each step takes time, and the shop earns nothing while it waits. Your lawyer and the local authorities can tell you what approvals apply.
The questions that settle it
Ask yourself how soon you need income, how much you would change about the menu or layout, and whether you are comfortable inheriting someone else’s habits and equipment. If you lean toward a brand, see whether to buy a pizza franchise or an independent pizzeria. Read how to tell if a pizzeria for sale is profitable before you compare.
Related reading
15 pages on the same subject, grouped by topic.
Buying
- GuidePizza franchises for sale in Canada: what each franchisor publishes
- Expert answerFranchise restaurant or independent restaurant: what should a buyer weigh?
- Expert answerShould I buy a franchise or an independent business?
- Expert answerCan you buy a Domino’s franchise in Canada?
- Expert answerDo I have to renovate a franchise resale location?
- GuideBuying a franchised auto repair shop in Canada
- Expert answerHow do I find a pizzeria for sale near me?
- Expert answerWhat should I check before buying a pizza franchise resale?
- Expert answerShould I buy an existing pizza franchise location or open a new one?
- Expert answerWhat running costs should I review before buying a pizzeria?
Financing
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernment13 terms you need to understand before signing your commercial real estate lease
- 04Restaurants CanadaIndustryRestaurants Canada - The Voice of Foodservice
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