Pizza Take Out & Delivery

| Asking Price: | $94,900 | Inventory: | $1,700 ** |
| Gross Revenue: | $234,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $63,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Est'd | |||
| Cash Flow Comments: Est'd | |||
This 575 s.f. Pizza Take Out & Delivery business has more room than what you think. It has a regular pizza oven and a belt driven oven that can cook a pie in 8 minutes. It is located in a mixed residential and commercial neighborhood on a main road off Route 8 in Shelton, CT. Great location for picking up a pie or wedge and bringing it home. Even better location for doing a big lunch trade. There are more people working within 2 miles of this store than people living there! The business offers free delivery in the area.
Sells 4 sizes of pan pizza (10, 14, 16 & 18 inch - $6.25, $9.25, $10.25 & $13.50). Also has specialty pies, hot oven grinders, wraps, calzones, stuffed breads, entrees and family dinners. Business also does catering.
Owner purchased business last January (2009). Must sell because he needs surgery and won’t be on his feet for quite some time. Pizza business been here over 30 years.
Hours of operation are Monday thru Thursday 11:00 to 8:00, Friday & Saturday 11:00 to 9:00 and closed on Sunday. A typical Owner would need a driver, cook and some part timers. Sales for this business is estimated to be +/- $4,500 per week. Owner’s Cash Flow from this volume level would is estimated over $68,000 depending on expense control and revenue attainment etc.
The Pizza Store is located in a 575 s.f. store in a shopping center on a main road in Shelton, CT. There are 4 years remaining in the current term of the lease. Rent is $1,450 including all the nets (garbage & grease removal included in rent). There is a 5 year option to renew with the rent to be negotiated.
As previously stated there are a lot of employees working in the offices and commercial spaces in a 2 miles radius of this business (+/- 17,000 employees) – no matter how you look at this – it means big time lunch potential. The present Owner knows this but hasn’t really gone after this business but intends too. His first priority was to get the pizza take out business up and running – he’s done that – now he looking at the lunch business – so should you!!!
Sells 4 sizes of pan pizza (10, 14, 16 & 18 inch - $6.25, $9.25, $10.25 & $13.50). Also has specialty pies, hot oven grinders, wraps, calzones, stuffed breads, entrees and family dinners. Business also does catering.
Owner purchased business last January (2009). Must sell because he needs surgery and won’t be on his feet for quite some time. Pizza business been here over 30 years.
Hours of operation are Monday thru Thursday 11:00 to 8:00, Friday & Saturday 11:00 to 9:00 and closed on Sunday. A typical Owner would need a driver, cook and some part timers. Sales for this business is estimated to be +/- $4,500 per week. Owner’s Cash Flow from this volume level would is estimated over $68,000 depending on expense control and revenue attainment etc.
The Pizza Store is located in a 575 s.f. store in a shopping center on a main road in Shelton, CT. There are 4 years remaining in the current term of the lease. Rent is $1,450 including all the nets (garbage & grease removal included in rent). There is a 5 year option to renew with the rent to be negotiated.
As previously stated there are a lot of employees working in the offices and commercial spaces in a 2 miles radius of this business (+/- 17,000 employees) – no matter how you look at this – it means big time lunch potential. The present Owner knows this but hasn’t really gone after this business but intends too. His first priority was to get the pizza take out business up and running – he’s done that – now he looking at the lunch business – so should you!!!
About the Business
Year Established:1979
Employees:1 full time - 2 part time
About the Sale
Management Training and Support:Owner will train
Reason For Selling:Must sell because he needs surgery and won’t be on his feet for quite some time.
Seller Financing:If qualified, Owner will finance with 50% down over 2 years @ 7.5% interest.
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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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