Business Overview

Full Service Restaurants and Pizzerias, Price $4,950,000:

Restaurant chain offers full service Italian menu and pizzerias. In-door, out-door dining, pick up and delivery services. Located in North Atlanta. Excellent, well trained management team and staff in place in all locations. $5.1 million in revenues for 2020; $4.6 million in revenues for the first nine months of 2021. Adjusted EBITDA for 2020 was $714,073, and nine months 2021 was $753,651. Owner inactive in the day to day operations. Wants to divest and retire. Locations have all new equipment within the past five years, and boast state of the art POS and on-line ordering system.
This business is listed for sale by Walden Businesses, Inc., a prestigious mergers and acquisitions firm based in Atlanta, Georgia. For more information about this opportunity, contact Sara Burden, CBI, M&AMI, CM&AP, FIBBA, FMAS at 678-277-9951, Ext. 11. Please visit our website for more information about our company and the services we provide our clients.

Financial

  • Asking Price: $4,950,000
  • Cash Flow: $774,772
  • Gross Revenue: $5,100,000
  • EBITDA: $714,073
  • FF&E: $860,000
  • Inventory: $25,000
  • Inventory Included: N/A
  • Established: 1995

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:69
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

All locations are leased with two 5-year options to renew

Is Support & Training Included:

2 Weeks

Purpose For Selling:

Owner is divesting his business portfolio in order to retire.

Additional Info

The company was started in 1995, making the business 27 years old.
The transaction shall not include inventory valued at $25,000*, which ins't included in the suggested price.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals resolve to sell operating businesses. Nonetheless, the real reason and the one they say to you may be 2 totally different things. For instance, they may say "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might just be justifications to try to hide the reality of transforming demographics, increased competitors, current decrease in profits, or an array of other factors. This is why it is really vital that you not count absolutely on a seller's word, yet rather, utilize the vendor's response along with your general due diligence. This will paint a more realistic image of the business's present situation.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous companies finance loans with the purpose of covering things such as inventory, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can imply that revenue margins are too thin. Lots of businesses fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that should be satisfied or might lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location bring in new clients? Many times, businesses have repeat customers, which develop the core of their everyday revenues. Certain aspects such as brand-new competitors sprouting up around the area, roadway building and construction, and personnel turn over can affect repeat consumers and also adversely impact future revenues. One essential thing to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Clearly, the more individuals that see the business on a regular basis, the better the opportunity to construct a returning customer base. A last idea is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? How might the local median home income impact future income prospects?