Business Overview

This is a great opportunity to get into the pizza business and taught by a 25 year pro and continue the great service that is in place. All the systems are in place and its a well running machine as all the employees are long time employees which tells you about the seller. The sales speaks for itself plus the reviews are 835 likes and 100 4.5 stars.
Fantastic Deep dish & Double crust.

Financial

  • Asking Price: $330,000
  • Cash Flow: $225,000
  • Gross Revenue: $804,000
  • EBITDA: $235,000
  • FF&E: $65,000
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 1997

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,006
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This pizzeria is well laid out in 1006 square feet of space and with the low rent its a great deal for anyone getting into the pizza business or anyone expanding as it has weathered the storm for over 25 Years. The hours of operation are 7 days a week 11AM till 11PM and Fridays and Saturdays till midnight. This place is in a strip mall with plenty of parking up front and great visibility from street

Is Support & Training Included:

The seller will train up to 2 weeks or 80 hours goes with the sale on all aspects of the business.

Purpose For Selling:

After 25 Years- Retiring.

Pros and Cons:

This location has a huge database of customers to use for marketing. Has a stellar reputation in the community.

Opportunities and Growth:

Continue what the seller has been doing and you will continue for another 25 years. Advertising is key to the pizza business. With covid the pizzeria business is up 25% industry wide.

Additional Info

The company was established in 1997, making the business 25 years old.
The deal shall not include inventory valued at $5,000*, which ins't included in the suggested price.

The business has 3FT & 6PT employees and is situated in a building with estimated square footage of 1,006 sq ft.
The real estate is leased by the business for $3,600 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell companies. Nevertheless, the true reason vs the one they tell you might be 2 completely different things. As an example, they may say "I have a lot of other responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these might just be excuses to try to hide the reality of altering demographics, increased competition, recent reduction in profits, or a variety of various other reasons. This is why it is very crucial that you not count totally on a vendor's word, but instead, make use of the seller's solution in conjunction with your general due diligence. This will paint a more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many businesses take out loans in order to cover points such as stock, payroll, accounts payable, etc. Remember that sometimes this can indicate that profit margins are too thin. Lots of businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that should be satisfied or may lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in new consumers? Most times, businesses have repeat clients, which develop the core of their day-to-day revenues. Particular variables such as brand-new competition sprouting up around the area, road construction, and also personnel turn over can affect repeat customers and also adversely impact future incomes. One essential point to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Obviously, the more people that see the business on a regular basis, the greater the opportunity to develop a returning client base. A final idea is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the local typical household income impact future revenue potential?