Business Overview

Decatur Pizzeria for Sale – Est 20 Years – 2021 Profit $186K – Clean Books – Fully Equipped Hooded Kitchen – Mint Condition – Keep or Convert to Any Concept or Ghost Kitchen – Owner Financing

Decatur Pizzeria for Sale.

Same Owner 20 Years.

2021 Gross Sales 637,035.33.
2021 Net Profit $186,207.14.

Clean Books.

Open 30-hours only.

Adding hours could dramatically increase revenues.

1000/SF.
Seating.
Dedicated parking.

$3,500 monthly rent, all in.

Fully Equipped Vented Kitchen.

Fully Staffed.

Mint Condition Turnkey.

Keep As-Is or Convert to Any Concept i.e juice bar, ghost kitchen, BBQ, plant-based, Asian, taqueria, bakery, coffee, cafe, burgers, Indian, Greek, Mediterranean, etc.

Owner financing options available.

Financial

  • Asking Price: $295,000
  • Cash Flow: $186,207
  • Gross Revenue: $637,035
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2002

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

1000/SF. Seating. Dedicated parking. $3,500 monthly rent, all in. Fully Equipped Vented Kitchen. Fully Staffed. Mint Condition Turnkey.

Is Support & Training Included:

Ask broker for details.

Purpose For Selling:

Other business interests.

Pros and Cons:

Ask broker.

Opportunities and Growth:

Adding hours could dramatically increase revenues. Keep As-Is or Convert to Any Concept i.e juice bar, ghost kitchen, BBQ, plant-based, Asian, taqueria, bakery, coffee, cafe, burgers, Indian, Greek, Mediterranean, etc.

Additional Info

The company was founded in 2002, making the business 20 years old.

The building is leased by the company for $3,500 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals resolve to sell businesses. However, the real factor vs the one they say to you might be 2 entirely different things. As an example, they might claim "I have a lot of other obligations" or "I am retiring". For many sellers, these reasons stand. But, for some, these might simply be reasons to attempt to hide the reality of changing demographics, increased competition, current decrease in revenues, or a variety of various other reasons. This is why it is really vital that you not rely entirely on a vendor's word, but instead, make use of the vendor's solution along with your total due diligence. This will repaint a much more reasonable picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses take out loans in order to cover things like supplies, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can indicate that revenue margins are too tight. Many businesses fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that have to be met or might cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area attract brand-new clients? Most times, businesses have repeat consumers, which create the core of their daily earnings. Particular aspects such as brand-new competition growing up around the area, roadway construction, as well as employee turn over can affect repeat consumers and negatively impact future incomes. One important point to consider is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business regularly, the better the opportunity to develop a returning customer base. A last idea is the general area demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? Just how might the neighborhood median house earnings influence future earnings prospects?