Business Overview

Featuring a variety of delicious thin-crust stove-baked pizzas along with amazing entrees, bbq, pastas, sandwiches, burgers, fresh cut potatoes, appetizers, soups, salads and desserts. Also, a tasty gluten free and kid’s menu. Daily specials.

Dine-in, take-out and delivery to a 10-mile radius, plus catering for any social or business occasion with party platters or full and half trays of salads, entrees and side dishes. Online ordering also available.

Newly build-out with a nice fully-equipped open kitchen and 2 station POS system. Fully stocked bar with beer, wine and spirts – full liquor license. Tvs to watch all the games. Plus, 2 gaming machines (can add 4 more) and ATM.

Also new furnace, ac and hood.

Established 3 years. Independent. Family owned and operated. All recipes included. Keep the current concept or make it your own!

Prime corner retail space in a historic building on the main street in the downtown of a far northwest suburb. A small but growing town in a rural setting with great schools, nice folks and large open spaces.

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons or owners. If interested, contact EatZ for more information. Showings by appointment only.

Listed By Tom Traina at EatZ & Associates

Financial

  • Asking Price: $159,000
  • Cash Flow: $75,765
  • Gross Revenue: $338,923
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,600
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased space - cheap $1,500/mth gross. Current lease expires Jul 2022 with one 5-year option. Square Feet: 1,600 (+ full basement for storage). Seating: 38 (32 tables + 6 bar). Days/Hrs of Operation: Tu-Sa 11:30a-8p & Su 4p-8p (Closed Mondays). Owners Role: Owner operated. Value of FF&E: Included In Asking Price (Valued at $50,000).

Is Support & Training Included:

Two weeks on-site comprehensive training.

Purpose For Selling:

Other interests.

Pros and Cons:

A fresh, scratch kitchen. Quality eats. Outstanding all-American comfort food, with delicious Italian and Greek staples, plus unique New York style pizza with the classic Chicago ingredients. Their pizza is hand-tossed thin and cooked on the crispy side, cut in a traditional Chicago style “corners/squares” or when specified “pie cut” New York style. As well as decadent desserts. Everything freshly made. Something for everyone. Known for their outstanding flavorful & innovative dishes and excellent service. Ideal suburban downtown location. Warm and welcoming interior. Casual atmosphere. Rave reviews. Rated 5.0 stars Facebook, 4.8 Google, 4.5 Yelp and more.

Opportunities and Growth:

A popular small-town eatery. Local favorite. Community gem. A must try. Hands down some of the best food in the area. Lots of regulars. Loved by all. Patrons come from near and far. Highly rated and recommended, great reputation to build upon!

Additional Info

The business was founded in 2019, making the business 3 years old.
The transaction won't include inventory valued at $5,000*, which ins't included in the listing price.

The business has 2 employees and resides in a building with approx. square footage of 1,600 sq ft.
The real estate is leased by the business for $1,500 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals decide to sell businesses. Nevertheless, the real factor vs the one they say to you may be 2 entirely different things. For instance, they might state "I have too many other commitments" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might simply be reasons to try to hide the reality of changing demographics, increased competition, recent reduction in revenues, or a range of other factors. This is why it is really vital that you not rely entirely on a seller's word, but rather, make use of the seller's response together with your general due diligence. This will repaint a more practical image of the business's existing situation.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses take out loans so as to cover points such as inventory, payroll, accounts payable, so on and so forth. Remember that sometimes this can suggest that revenue margins are too tight. Many businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that should be met or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location bring in new clients? Often times, operating businesses have repeat customers, which develop the core of their day-to-day revenues. Particular factors such as new competitors sprouting up around the area, road construction, as well as personnel turn over can impact repeat consumers as well as negatively influence future incomes. One essential point to consider is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the higher the opportunity to build a returning client base. A last idea is the basic location demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the regional average household income impact future revenue potential?