Business Overview

Cash buyers only. Motivated Seller.
Established Patxi’s Pizza located in the Denver metro area. Patxi’s is what your favorite neighborhood restaurant should be- a warm welcoming place where you can share a delicious meal with friends and family and feel right at home. Paxti’s passion for fresh, high-quality deep dish and thin crust pizza and genuine hospitality has turned into a signature experience that can only be summed up as “Patxi’s.”

Financial

  • Asking Price: $400,000
  • Cash Flow: $142,608
  • Gross Revenue: $1,368,410
  • EBITDA: $142,608
  • FF&E: $200,000
  • Inventory: $20,000
  • Inventory Included: N/A
  • Established: 2015

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,200
  • Lot Size:N/A
  • Total Number of Employees:25
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Well kept facility with curb appeal in great areas. All furniture, fixtures and equipment in good working condition, no remodels required.

Is Support & Training Included:

Franchisor offers 2 weeks training, seller may offer more training post-closing.

Purpose For Selling:

Seller has other business interests.

Pros and Cons:

While there is much competition in the pizza segment, Paxti's original deep dish pizza and quality ingredients stand out from the crowd. The ambiance at these restaurants makes patrons want to stick around.

Opportunities and Growth:

There is much room for growth with the brand in this market and neighboring markets.

Additional Info

The venture was started in 2015, making the business 7 years old.
The transaction doesn't include inventory valued at $20,000*, which ins't included in the suggested price.

The business has 25 employees and resides in a building with approx. square footage of 3,200 sq ft.
The building is leased by the business for $19,800 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell companies. Nevertheless, the real factor vs the one they say to you might be 2 totally different things. For instance, they may state "I have a lot of various responsibilities" or "I am retiring". For lots of 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 decrease in revenues, or a range of various other factors. This is why it is very crucial that you not rely completely on a vendor's word, however instead, make use of the vendor's response together with your overall due diligence. This will paint a more practical image of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money with the purpose of covering points such as supplies, payroll, accounts payable, etc. Bear in mind that occasionally this can suggest that profit margins are too thin. Lots of organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that must be met or might cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in brand-new consumers? Many times, operating businesses have repeat consumers, which develop the core of their everyday earnings. Specific factors such as new competitors growing up around the location, road building and construction, and also personnel turnover can affect repeat clients as well as adversely influence future incomes. One vital point to consider is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the better the chance to build a returning consumer base. A final idea is the basic area demographics. Is the business placed in a largely populated city, or is it located on the edge of town? Just how might the regional median household income influence future income potential?