Business Overview

Franchised Pizza operation in shopping center on major road in Northern Virginia.
Has been in business since 2006. Buyer has option of remaining a franchisee or going independent. Originally cost $250,000 to open. Has all the equipment, great location, great lease. This is great for an experienced operator who wants his own shop or for someone new, who wants the guidance of a franchisor. Sales are beginning to soar as COVID diminishes and people begin to return to their offices in Tyson’s Corner.
At this price it won’t last long.

Call Jeff Neuburg 703-623-5575

Financial

  • Asking Price: $169,000
  • Cash Flow: $100,000
  • Gross Revenue: $360,000
  • EBITDA: N/A
  • FF&E: $100,000
  • Inventory: $2,000
  • Inventory Included: Yes
  • Established: 2006

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:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

3 pizza ovens, hood, walk in freezers, POS, website,. 70% of business is online

Is Support & Training Included:

2 weeks

Purpose For Selling:

Owner has IT business that needs attention

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was founded in 2006, making the business 16 years old.
The deal will include inventory valued at $2,000, which is included in the requested price.

The company has 4 employees and is located in a building with approx. square footage of 1,600 sq ft.
The building is leased by the company for $7,000 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell operating businesses. However, the genuine reason vs the one they say to you may be 2 entirely different things. For instance, they might claim "I have a lot of other obligations" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these might just be reasons to attempt to conceal the reality of changing demographics, increased competition, recent reduction in earnings, or an array of various other factors. This is why it is really essential that you not count absolutely on a seller's word, yet instead, utilize the vendor's response in conjunction with your overall due diligence. This will repaint a more realistic picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many companies take out loans in order to cover points such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can imply that revenue margins are too thin. Numerous companies fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that have to be met or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract new consumers? Most times, businesses have repeat customers, which create the core of their daily revenues. Specific variables such as new competitors sprouting up around the area, roadway building and construction, and also staff turnover can affect repeat clients and negatively influence future revenues. One important thing to think about is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Obviously, the more individuals that see the business often, the greater the chance to develop a returning customer base. A last idea is the basic location demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? Just how might the local typical family income effect future revenue potential?