Business Overview

Offering Chicago-style pizza, along with delicious pasta, calzones, Italian beef, burgers, dogs, ribs, chicken, wraps, sandwiches, salads, wings, appetizers, desserts and beverages.

Small dine-in (8 stools), mostly pick-up and delivery, plus huge catering business. Catering packages include a la carte or create your own buffet for parties, meetings, special events and more. Also, a variety of lunchtime pizza by the slice in store!

Fully equipped kitchen with 15ft hood, large 6-shelf rotating pizza oven, 6-burner stove w/oven, char-broil grill, 5-well steam table, 2 fryers, salamander, dough mixer & roller, 4-door pizza prep cooler, stand up single-door freezer, walk-in cooler & freezer and much more. Phone system and Arrow POS system with online ordering. Rewards program.

Well established for over 19 years. Absentee owned and operated – full time general manager in place.

Asset sale – all furniture, fixtures and equipment (FF&E) included. Limited financials.

Location: Prime retail space in a busy strip center with ample parking on the main thoroughfare with over 25,000 vehicles per day. Also, near a major intersection in McHenry County. Perfectly situated in an area with over 35,000 residents!

Other popular tenants in the center include Jersey Mikes, McHenry Dry Cleaners, Hair Cuttery, Wise Guy Vapes, Panera Bread and more. Also, across another busy plaza with sought after tenants. And near many national retailers such as Walmart Supercenter, JCPenny, Dick’s Sporting Goods, TJMaxx, PetSmart, DSW, Ross, Jo-Ann Fabrics, The Home Depot, Meijer, Kohl’s, Michaels, Aldi, Goodwill, Hobby Lobby and more

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. If interested, contact EatZ for more information. Showings by appointment only.

Listed By Pat Mahoney at EatZ & Associates

Financial

  • Asking Price: $89,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2003

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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased space $2,159/mth gross (also includes trash). Current lease expires Mar 2023 with one 5-year option. Square Feet: 1,600. Seating: 8 Barstools. Days/Hrs of Operation: Daily 11a-8:45p. Owners Role: Absentee. Value of FF&E: Included In Asking Price (Valued at $40,000). Value of Inventory: $4,000 - $5,000 (Not Included In Asking Price).

Is Support & Training Included:

Two weeks on-site comprehensive training.

Purpose For Selling:

Other interests.

Pros and Cons:

“ The Pizza You’ll Fall in Love With!” Known for providing amazing Chicago style pizza, pasta, sandwiches and casual Italian fare for over 40 years. Their family recipes originated in Italy and have become a tradition of quality for 5 generations. Fresh ingredients and proprietary recipes. High quality service. Proven systems. The key components to their brand: keep it simple - limited and focused inventory, honest great tasting food and committed to making the world’s greatest pizza.

Opportunities and Growth:

Best pizza in McHenry! #1 pizza place in town. Local favorite. Lots of regulars for years. Huge catering business. First restaurant opened in 1997, currently 16 franchises in the greater Chicago area with more opening soon. Get your piece of the thriving $39 billion dollar pizza industry!

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was started in 2003, making the business 19 years old.

The company has 1 Full & 10 Part employees and resides in a building with disclosed square footage of 1,600 sq ft.
The real estate is leased by the business for $2,159 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons individuals choose to sell businesses. Nevertheless, the real reason and the one they say to you might be 2 entirely different things. For instance, they may claim "I have too many various responsibilities" or "I am retiring". For many sellers, these factors are valid. However, for some, these might just be reasons to attempt to conceal the reality of altering demographics, increased competitors, current reduction in incomes, or a variety of other reasons. This is why it is very crucial that you not count completely on a vendor's word, yet rather, use the seller's response along with your total due diligence. This will repaint a more practical picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies borrow money so as to cover points such as supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can suggest that earnings margins are too small. Many organisations fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There may 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 satisfied or might cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location attract new clients? Most times, companies have repeat customers, which form the core of their day-to-day revenues. Certain factors such as new competitors growing up around the area, roadway construction, and staff turn over can influence repeat customers and adversely impact future incomes. One essential point to consider is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business often, the better the opportunity to develop a returning client base. A final idea is the basic location demographics. Is the business located in a densely inhabited city, or is it situated on the outskirts of town? Just how might the local average house income effect future earnings prospects?