Business Overview

Second generation restaurant space available now turnkey as a Pizza & Grill. Keep the brand the same, or step in with you own brand. All equipment and inventory is included in the sale. This location is in a busy retail strip center. Two full hoods, walk in freeze and grease trap. 1,500 square foot space. Inquire for further details and to see the space.

Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!

Financial

  • Asking Price: $149,000
  • Cash Flow: $35,313
  • Gross Revenue: $167,140
  • EBITDA: N/A
  • FF&E: $125,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

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

1,500 SF Restaurant Space

Is Support & Training Included:

Yes, 2 Weeks.

Purpose For Selling:

Other Business Opportunities

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell operating businesses. However, the genuine factor and the one they say to you may be 2 totally different things. As an example, they might state "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may simply be reasons to try to hide the reality of altering demographics, increased competition, recent reduction in profits, or an array of various other reasons. This is why it is really important that you not count absolutely on a seller's word, however instead, utilize the seller's response along with your overall due diligence. This will paint a much more reasonable picture of the business's present situation.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Many companies borrow money with the purpose of covering points such as inventory, payroll, accounts payable, etc. Keep in mind that in some cases this can suggest that earnings margins are too small. Numerous businesses fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements 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 operating businesses in the area bring in new customers? Many times, operating businesses have repeat clients, which form the core of their day-to-day earnings. Certain variables such as brand-new competition sprouting up around the area, roadway building, as well as staff turnover can influence repeat customers as well as negatively impact future incomes. One crucial thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business often, the better the opportunity to develop a returning customer base. A last thought is the general location demographics. Is the business located in a largely inhabited city, or is it located on the outside border of town? Exactly how might the local average household earnings influence future revenue prospects?