7-Year Established Chicago Style Pizza

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Prime Location Gourmet Pizza Shop in the Hub of a Well-Known Wealthy City
Asking Price:
$349,000

Gross Revenue:
$692,835
Cash Flow:
$154,279
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$50,000
included in asking price

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Business Description

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

Year Established:
2010
Number of Employees:
3FT/9PT
Real Estate:
Leased
Building Sq. Ft.:
1,700
Lease Rate/Sq. Ft./Mo.:
$4.00
Facilities:
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.
Market Outlook/
Competition:
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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About the Sale

Reason For Selling:
Other Opportunities
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1514162
Ad Detail Views:
385

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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U.S. Census Data for Collin, Dallas and Denton Counties, TX
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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