Pizza Restaurant for Sale in Chicago, NW Suburbs, Carry out

| Asking Price: | $189,000 | Inventory: | $4,000 ** |
| Gross Revenue: | $350,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $93,000 (comments below) | FF&E: | $90,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Seller is happy to meet & discuss all details | |||
| Cash Flow Comments: Seller is happy to meet & discuss all details | |||
Sale Includes: The Business, all Equipment, and all Fixtures.
Seller Financing Available!! Seller will finance up to 35% of the Purchase Price.
This carryout and delivery pizza restaurant is located near the Crystal Lake, Barrington Hills, Cary & Fox River Grove areas of Northern/Northwestern Illinois.
One unique benefit to this location is that the local high school is less than one mile away with over 1900 students and faculty members. They sell pizza by the slice, so many of the students and faculty have made this pizza restaurant their regular stop for lunch and after school for a quick bite to eat.
This pizza restaurant offers delivery for both lunch and dinner. The menu has many food items in addition to pizza. Some of the other menu items include; 20 different sandwiches, 6 different salads, calzones, pasta dishes, panzarottis, ribs, chicken, shrimp, wings and about 12 other appetizers such as mozzarella sticks and cheesy garlic bread. They also have catering packages, family style food and a kids menu.
Even though this business generates over $350,000 in gross sales, there is still room for improvements by a new owner/operator. The current owner only works part-time and admits that he doesn’t focus at all on growing the business. Nobody is actively pursuing outside catering accounts. It’s also very difficult to make sure nothing is going out the back door and to make sure everything is being rung up when the owner is only working part-time. Another issue with a part-time owner/operator is that the payroll costs run higher than they would with a fulltime owner/operator. You also have to assume that customer service and food quality would be better with a full-time owner/operator.
Seller Financing Available!! Seller will finance up to 35% of the Purchase Price.
This carryout and delivery pizza restaurant is located near the Crystal Lake, Barrington Hills, Cary & Fox River Grove areas of Northern/Northwestern Illinois.
One unique benefit to this location is that the local high school is less than one mile away with over 1900 students and faculty members. They sell pizza by the slice, so many of the students and faculty have made this pizza restaurant their regular stop for lunch and after school for a quick bite to eat.
This pizza restaurant offers delivery for both lunch and dinner. The menu has many food items in addition to pizza. Some of the other menu items include; 20 different sandwiches, 6 different salads, calzones, pasta dishes, panzarottis, ribs, chicken, shrimp, wings and about 12 other appetizers such as mozzarella sticks and cheesy garlic bread. They also have catering packages, family style food and a kids menu.
Even though this business generates over $350,000 in gross sales, there is still room for improvements by a new owner/operator. The current owner only works part-time and admits that he doesn’t focus at all on growing the business. Nobody is actively pursuing outside catering accounts. It’s also very difficult to make sure nothing is going out the back door and to make sure everything is being rung up when the owner is only working part-time. Another issue with a part-time owner/operator is that the payroll costs run higher than they would with a fulltime owner/operator. You also have to assume that customer service and food quality would be better with a full-time owner/operator.
About the Business
Year Established:2008
Employees:2 full time - 4 part time
Facilities:Base Rent; R.E. Taxes; & C.A.M. is $2,300/Month, Lease Expires 5/31/2015(including options), Store Size is approx 2,000 Sq. Ft., Plenty of parking.
Market Outlook and Competition:Excellent location for growth.
About the Sale
Management Training and Support:As much as needed and discussed during the purchase process.
Reason For Selling:To manage his other businesses and care for his 6 children.
Seller Financing:Seller will finance up to 35% of the purchase price with a qualified & experienced new owner/operator.
KEYWORDS: Carry out, Delivery, Pizza, Food, Fast food, Deli, Sandwiches, Subs, Submarines, Sub Sandwiches, Sandwich, Lunch, Dinner, BBQ, Restaurants, Cafes, Cafe, Coffee Shops, coffee, Breakfast, Snack, Soda, Dining, Dining Room, Eat, Eatery, Great Food, Restaurant, Beer, Liquor, Neighborhood, burgers, hotdogs, salads, cafeteria, Sandwiches, Soda
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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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