Business Overview

Prime location pizza restaurant for sale in the heart of Annandale VA. This popular pizza restaurant offers some of the best tasting pizza in the area. The menu consists of New York style pizza, wings, sandwiches, salads and mouth watering Italian dishes. All furniture, fixtures and kitchen equipment are in great condition ready for a new owner. The current owner has other businesses and does not have time to fully manage this location anymore. We have priced this turn key location for a quick sale.

Price: $129,000
Sales: $480,000
Rent: $5,800
Term: 5 years with option
Size: 1,200sf
Seats: 50

Financial

  • Asking Price: $129,000
  • Cash Flow: N/A
  • Gross Revenue: $480,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Purpose For Selling:

Focus on other businesses

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell businesses. Nonetheless, the real factor vs the one they tell you may be 2 absolutely different things. As an example, they might state "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might simply be justifications to attempt to hide the reality of changing demographics, increased competitors, current reduction in revenues, or a variety of other reasons. This is why it is very important that you not rely absolutely on a seller's word, but rather, utilize the seller's solution in conjunction with your general due diligence. This will repaint an extra sensible image of the business's current situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses take out loans in order to cover points like supplies, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that profit margins are too small. Numerous businesses fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that should be met or may result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location bring in brand-new customers? Many times, companies have repeat customers, which create the core of their day-to-day revenues. Specific factors such as brand-new competition sprouting up around the area, roadway building, as well as employee turn over can affect repeat customers as well as negatively influence future revenues. One essential thing to think about is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the greater the chance to build a returning client base. A final idea is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the edge of town? Just how might the local typical home earnings influence future revenue potential?