Business Overview

Great opportunity to buy into the pizza industry at a fraction of start up costs. The owner operator will walk into instant cash flow and the ability to grow this business into a cash cow. The limited menu provides a very efficient operation but also sets the stage to increase your customer spend by simply cross merchandising the menu offering. The least expensive way to increase business is simply to sell more to your existing customer base. This also leads the way to exponential growth with the addition of new products. Don’t let Covid get you down, act now to take advantage of the growth that has taken place in the pizza industry. Buy yourself an opportunity to change your life and never worry about where your next paycheck is coming from!

Financial

  • Asking Price: $99,900
  • Cash Flow: $57,000
  • Gross Revenue: $390,000
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:1,100
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

1100 SF Street retail.

Is Support & Training Included:

Available and Negotiable

Purpose For Selling:

Other Interests

Pros and Cons:

There is plenty of competition in the area but this is an established brand which has developed a loyal following over the years. Some of the other pizzerias in the area are generating record numbers. This is an area that loves their pizza. As a result, it should be able to support a hefty increase in sales.

Opportunities and Growth:

Growth can be achieved by adding to the limited menu offering and focusing on a more consistent advertising and promotion campaign.

Additional Info

The company has 7 employees and is situated in a building with disclosed square footage of 1,100 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people choose to sell businesses. Nevertheless, the genuine factor vs the one they tell you might be 2 absolutely different things. As an example, they might say "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might just be excuses to attempt to conceal the reality of changing demographics, increased competitors, current reduction in profits, or a variety of various other reasons. This is why it is very essential that you not count totally on a seller's word, but rather, use the vendor's answer in conjunction with your overall due diligence. This will paint an extra reasonable picture of the business's present circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses finance loans so as to cover things like supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can indicate that revenue margins are too thin. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that should be met or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract brand-new consumers? Most times, companies have repeat customers, which create the core of their everyday profits. Specific aspects such as brand-new competitors sprouting up around the location, road construction, as well as staff turn over can affect repeat consumers and also adversely affect future profits. One essential point to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business on a regular basis, the better the opportunity to build a returning client base. A final thought is the basic location demographics. Is the business placed in a largely populated city, or is it located on the outside border of town? How might the neighborhood average household income impact future revenue prospects?