Asking Price: $349,000 Gross Revenue: $692,835Cash Flow: $154,279 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Prime location gourmet pizza shop in the hub of a well-known wealthy city is available for acquisition. This business was originally established over half a decade ago in 2010 by the current owner of the business. Competition is expected for this type of business industry, but this business easily stands out above the competitors due to their unique concept that differentiates this business from regular Italian restaurants. Most of the customers are a well-mix of employees from the surrounding corporate offices and the upper-class residents that live in the nearby densely populated residential neighborhoods. Net sales average was $650,000/year that has been consistent throughout the several years of operation due to some marketing done online and direct mailing. Proactive marketing is crucial to the further growth of this business as the area this business is located is fantastic for utilizing various different marketing tactics. There are many ways to proactively market this business such as delivery services, social media outlets, weekly specials, family combos, catering services and additional selection of menu items/toppings. Expanding the current menu to have additional topping choices and menu items will be extremely beneficial to acquiring new customers from all around the city. Various menu items are provided at this business that range from appetizers, wings, salads, pastas, sandwiches, calzones and numerous gourmet pizzas. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day operations of this business.
Listing ID #000498
For more info, please call Moon Kim at 1-866-519-2421.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
This business is located in a 1,700 SF retail strip center and office park surrounded by high-end office buildings as well as many corporate chains. All equipment is in impeccable condition and in working order.
Some competitors are within the immediate market area, but this business has a unique concept that stands out from normal Italian restaurants that are nearby.
Growth & Expansion:
Marketing is currently done through online 3rd party delivery system and direct mailing, but other methods of proactive marketing is needed to truly generate more cash flow and acquire more customers.
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