Asking Price: $95,000 Gross Revenue: $570,000Cash Flow: $52,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $6,000 not included in asking priceFF&E: Not Disclosed 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.
Well known and established (since 1998) Johnny's NY Style Pizza franchise in high-growth area of Fayette County. Franchisor has been in operation for 41 years. This restaurant is at the hub of activity in the area. Great visibility and access on major north-south thoroughfare and just 3 miles from Pinewood Studios. Southern Ground Amphitheatre just a block away. Several major schools and regional medical center in immediate vicinity.
This restaurant offers a variety of tasty hand-tossed pizzas, calzones and strombolis in authentic New York style. With Wings, Subs, Salads and Pasta dishes there is something for every member of the family. Seasonal menus add further variety to the offerings. Television screens located strategically throughout dining room. Customers can enjoy a variety of televised sports events while enjoying a draught beer from one of 12 taps. There is not a bad seat in the house.
This restaurant opportunity is making money every day and will not last long on the market.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Yr.:
Facility is a spacious 4000 sq ft and designed around a large open kitchen concept surrounded by a 28-foot walnut bar that seats 12. Numerous giant screens and large screen TV’s throughout. Premises features ample parking both front and back with entrances at both ends for customer convenience. Operation is augmented by an online menu and ordering system that streamlines and enhances the customer experience. Desirable lease of $9.60 per sq ft per year. Monthly base rent is a very reasonable $3200 plus CAM.
Growth & Expansion:
Owners have grand plans for this restaurant but failing health is forcing a reluctant sale. There is tremendous opportunity to increase revenues by simply adding daytime delivery, catering, marketing to the numerous businesses and studios in the immediate area. Facility has a Party Room of approximately 27 feet by 13 feet that has not been utilized. Party Room is perfect to capture business from team events and gatherings of all types.
Johnny’s Pizza in Fayetteville – Failing Health - Best Deal on Market
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. See our
full Terms & Conditions.