Business Overview

This pizza location is like no other. The food is excellent with other great take out options. Online ordering system in place and in an extremely high traffic area / strip mall with DMV and grocery store. Ready to explode for growth. The new equipment, a super ideal location that is spotless inside, a website that is already built out to take orders, and the goodwill of a pizza location with recipes is what is for sale with this listing. The owner is currently absentee out of state and the business was running without his presence in the market. Everything is automated and there are two good employees that might come back based on a new owner’s preference for staffing.

Financial

  • Asking Price: $49,900
  • Cash Flow: N/A
  • Gross Revenue: $90,000
  • EBITDA: N/A
  • FF&E: $88,000
  • Inventory: $1,000
  • Inventory Included: Yes
  • Established: 2019

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:2
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

4 weeks

Purpose For Selling:

Owner pursuing other business ventures

Additional Info

The venture was founded in 2019, making the business 3 years old.
The transaction shall include inventory valued at $1,000, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell businesses. Nevertheless, the real factor and the one they say to you might be 2 absolutely different things. As an example, they might claim "I have too many other obligations" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be reasons to try to conceal the reality of transforming demographics, increased competitors, recent reduction in profits, or a variety of other factors. This is why it is extremely vital that you not count entirely on a vendor's word, but instead, utilize the vendor's solution in conjunction with your overall due diligence. This will repaint a much more practical image of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Many operating businesses finance loans in order to cover things like inventory, payroll, accounts payable, etc. Remember that sometimes this can mean that earnings margins are too tight. Many companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that need to be satisfied or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location attract brand-new customers? Most times, operating businesses have repeat consumers, which develop the core of their daily revenues. Specific elements such as brand-new competitors sprouting up around the location, roadway building and construction, and also personnel turnover can impact repeat clients as well as adversely affect future earnings. One important thing to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Obviously, the more individuals that see the business on a regular basis, the better the possibility to construct a returning consumer base. A last idea is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? How might the regional median family income impact future income potential?