Business Overview

Established almost 30 years ago, this well-known pizza shop is available for the first time! Not only does this place have a stellar reputation but they make great pizza, the reviews say it all. Pizza is one of the unique segments of the food service industry that is bulletproof. The last two years have seen numbers grow! Perfect set up for someone looking to dive into the pizza business or expand. Manageable size, dedicated crew and established processes what else can you ask for in a new venture. Call today for an NDA to learn more about the gem.

Financial

  • Asking Price: $148,000
  • Cash Flow: $120,000
  • Gross Revenue: $405,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1994

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,100
  • Lot Size:N/A
  • Total Number of Employees:8
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Stand alone building with room to set up outdoor dining. Fully Equipped Kitchen.

Additional Info

The company was founded in 1994, making the business 28 years old.

The business has 8 employees and resides in a building with disclosed square footage of 1,100 sq ft.
The building is leased by the company for $1,400 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell businesses. Nonetheless, the genuine factor and the one they say to you may be 2 completely different things. For instance, they may say "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these may simply be excuses to try to hide the reality of altering demographics, increased competitors, current reduction in incomes, or an array of various other factors. This is why it is really important that you not rely absolutely on a vendor's word, yet instead, use the vendor's response along with your general due diligence. This will repaint an extra reasonable image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses borrow money with the purpose of covering things like inventory, payroll, accounts payable, and so on. Remember that sometimes this can indicate that profit margins are too small. Numerous organisations fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that must be satisfied or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location attract new consumers? Many times, companies have repeat clients, which create the core of their day-to-day revenues. Particular aspects such as brand-new competition growing up around the location, roadway building and construction, as well as staff turn over can influence repeat clients and also adversely affect future profits. One crucial point to consider is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business often, the greater the opportunity to develop a returning consumer base. A last idea is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? How might the neighborhood median family income impact future income potential?