Business Overview

Established Pizza Restaurant, Great Opportunity! – A “hometown” pizza restaurant that has a long, successful history(15+ years in the same location) It is located in Tarrant County. This pizza restaurant has been serving great tasting, freshly made pizza each day and the sole reason for the restaurant being listed for sale is the owner is looking forward to well-deserved retirement

Semi owner Absentee restaurant
Sunday Closed

30% Down SBA loan with qualified buyer

Financial

  • Asking Price: $360,000
  • Cash Flow: $160,000
  • Gross Revenue: $800,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $7,000
  • Inventory Included: N/A
  • Established: 2005

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,400
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeeks

Purpose For Selling:

retirement

Opportunities and Growth:

NO online delivery yet possible additional 10,000 per month

Additional Info

The business was started in 2005, making the business 17 years old.
The transaction shall not include inventory valued at $7,000*, which ins't included in the requested price.

The business has 10 employees and resides in a building with disclosed square footage of 1,400 sq ft.
The building is leased by the business for $5,500 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell businesses. Nevertheless, the true reason and the one they tell you may be 2 totally different things. For instance, they might state "I have way too many various commitments" or "I am retiring". For many sellers, these reasons are valid. However, for some, these may simply be reasons to attempt to hide the reality of altering demographics, increased competition, recent reduction in revenues, or a variety of various other reasons. This is why it is very crucial that you not depend entirely on a vendor's word, however rather, make use of the seller's response combined with your total due diligence. This will paint an extra practical picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Lots of companies take out loans so as to cover points such as inventory, payroll, accounts payable, etc. Bear in mind that occasionally this can indicate that revenue margins are too small. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to think about. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that should be met or might cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location draw in new consumers? Most times, operating businesses have repeat consumers, which develop the core of their daily earnings. Particular aspects such as brand-new competitors sprouting up around the location, roadway building, and also employee turnover can influence repeat clients and also negatively influence future profits. One essential thing to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the opportunity to construct a returning customer base. A last thought is the general area demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? Just how might the neighborhood mean house earnings impact future revenue prospects?