Business Overview

Don’t miss this unique opportunity to come in and take over this popular and growing gourmet pizza location in suburban Denver that has already made a name for itself! The in-house developed recipes include menu items to satisfy everyone – classic gourmet pizzas that includes a large selection of 100% vegan pizzas like no others! This is a well-structured operation with excellent margin that serves a high end market that has proved to be pandemic resistant. Unique recipes, a robust vegan menu, prime location, and a well-established supply chain make this a truly great opportunity! NOTE: Another location is also available for purchase in El Paso, Texas!

Financial

  • Asking Price: $355,000
  • Cash Flow: $108,617
  • Gross Revenue: $311,782
  • EBITDA: N/A
  • FF&E: $143,000
  • Inventory: $5,000
  • Inventory Included: Yes
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,320
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks; not to exceed 40 hours per week

Purpose For Selling:

Moving out of state

Additional Info

The venture was founded in 2018, making the business 4 years old.
The sale shall include inventory valued at $5,000, which is included in the requested price.

The property is leased by the company for $2,977 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell businesses. However, the genuine reason vs the one they tell you might be 2 absolutely different things. As an example, they might say "I have too many various commitments" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might just be reasons to try to conceal the reality of changing demographics, increased competitors, recent decrease in revenues, or a range of other reasons. This is why it is really crucial that you not count completely on a seller's word, yet instead, make use of the vendor's solution in conjunction with your general due diligence. This will repaint an extra practical image of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses finance loans with the purpose of covering things like supplies, payroll, accounts payable, and so on. Remember that in some cases this can mean that revenue margins are too small. Many organisations fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that need to be satisfied or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area attract brand-new customers? Most times, businesses have repeat customers, which form the core of their day-to-day revenues. Specific aspects such as new competitors sprouting up around the location, road construction, and also staff turnover can influence repeat clients and adversely affect future earnings. One crucial thing to think about is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business often, the higher the chance to develop a returning client base. A final idea is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the outskirts of town? Just how might the local median house earnings influence future earnings potential?