Over 50 Year Columbus,Oh Pizza business for sale
| Asking Price: | $145,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Business Description
Johnny’s Pizza has two locations in the south end of Columbus Ohio. The North location has been family owned since 1953 and the south store has been owned for the past 5 years. They have used the same family recipe since 1953. Johnny’s Pizza has had the privilege of serving the Southern edge of downtown Columbus as well as, the German Village and Marion Village communities. Johnny’s Pizza is not a franchise or chain type pizza parlor. Johnny’s has always taken pride in the fact that it has earned it’s reputation as being a unique “Old World” pizza parlor that is not expected to compete with the franchise shops.
What is in it for the Buyer
Current sales level of $500k plus will provide an excellent profit now. Seller will make it easy to get into the business and will be sure that the Buyer will be well trained.
Area Competition
There are chain/franchise pizza operations in the area.
Possible Improvements
Establish and maintain neighbor advertising. Bag style advertising has worked well in the past. Add dining room in North store. Extend business hours to include the lunch crowd. Deliver to nearby offices.
Reason for selling
Owner wants to be involved in the other business interests that his family has.
Because of bad Real Estate investments, Seller has created debt that needs to be extinguished. Debt exceeds the asking price, so there is no equity. Seller’s problems makes it possible to get into a very good business with a reasonable entry cost.
Lease Terms
Lease for South store only is $900. Plus cam charges per month. North store price is for the real estate.
Location
North store: 1336 Parsons Ave.
South store: 3503 Parsons Ave.
Restaurant Facts
North store has limited parking. Seating for 10.
Support and Training
Owner will stay and assist and train during the transition period.
Hours of Operation
Tuesday – Saturday 4:00pm – 11:00pm
Available Financing
Creative financing may be available
Furniture / Fixtures
All necessary equipment remains to perform daily operations.
Inventory
Can vary between stores. $5,000. Combined maxium
Johnny’s Pizza has two locations in the south end of Columbus Ohio. The North location has been family owned since 1953 and the south store has been owned for the past 5 years. They have used the same family recipe since 1953. Johnny’s Pizza has had the privilege of serving the Southern edge of downtown Columbus as well as, the German Village and Marion Village communities. Johnny’s Pizza is not a franchise or chain type pizza parlor. Johnny’s has always taken pride in the fact that it has earned it’s reputation as being a unique “Old World” pizza parlor that is not expected to compete with the franchise shops.
What is in it for the Buyer
Current sales level of $500k plus will provide an excellent profit now. Seller will make it easy to get into the business and will be sure that the Buyer will be well trained.
Area Competition
There are chain/franchise pizza operations in the area.
Possible Improvements
Establish and maintain neighbor advertising. Bag style advertising has worked well in the past. Add dining room in North store. Extend business hours to include the lunch crowd. Deliver to nearby offices.
Reason for selling
Owner wants to be involved in the other business interests that his family has.
Because of bad Real Estate investments, Seller has created debt that needs to be extinguished. Debt exceeds the asking price, so there is no equity. Seller’s problems makes it possible to get into a very good business with a reasonable entry cost.
Lease Terms
Lease for South store only is $900. Plus cam charges per month. North store price is for the real estate.
Location
North store: 1336 Parsons Ave.
South store: 3503 Parsons Ave.
Restaurant Facts
North store has limited parking. Seating for 10.
Support and Training
Owner will stay and assist and train during the transition period.
Hours of Operation
Tuesday – Saturday 4:00pm – 11:00pm
Available Financing
Creative financing may be available
Furniture / Fixtures
All necessary equipment remains to perform daily operations.
Inventory
Can vary between stores. $5,000. Combined maxium
About the Business
Year Established:1953
Market Outlook and Competition:There are chain/franchise pizza operations in the area.
About the Sale
Reason For Selling:Owner wants to be involved in the other business interests that his family has.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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