27 Year Fast-Casual Pizza Restaurant. A Flawless Perfect “10”

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Award Winning Pizza, Prestige Location, SBA Loan Possible.
Asking Price:
$660,000

Gross Revenue:
$813,000
Cash Flow:
$247,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Hits every checkmark of a perfect business. Award winning pizza, owner retiring, semi-absentee owner, dominant player, beautiful modern high-visibility, pride of ownership location, clean accounting records and tax returns, one add-back, recession proof, beer and wine, stable revenue and cash flow, owner retiring, dominant local player, 3 year term remaining on lease. Easy to understand and implement opportunity to grow 20% - 50% in 12-24 months.

This 12 year business broker gets a business this flawless about once every 2-3 years. It is that excellent. The owner has shown pride and management excellence in every detail; award winning food quality, outstanding financial operating metrics, beautifully furnished and equipped, prestige location, long tenured employees and excellent service. Financial results reflect the excellence; the business has far larger than industry average revenue and profit margins (30%) for a single pizza restaurant location. The 30% astounding profit margins are not boosted by numerous confusing add-backs. P&L has only two easy-to-understand standard add backs.

Rent including Cam is about $7,100 per month. Approximately 1,600 square foot space, seats about 40 inside and 20 patio. Lease has three year term with two 5 year options to extend remaining, totaling 13 years. About 20 employees, long tenures, nearly all part-time. Serves Beer and Wine under ABC License.

This business is for a very particular buyer who seeks perfection and lower risk. Bargain seekers or cash tight buyers need not respond to this ad. The business will qualify for an SBA business acquisition loan with qualified buyer who has down payment about $260,000. Although the business is easy to manage, buyers need restaurant experience to qualify for SBA loan.

10+ page business summary with three years financial information, business address and full details available with executed Confidentiality Agreement.

About the Business

Real Estate:
Leased
Lease Amount/Mo.:
$7,100.00
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Listing Info

ID:
1524403
Ad Detail Views:
290

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Business Listed by

Hoke Nagahori

Select Business Sales
License# 01951203

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