Pizza and Wing Originator for sale in beautiful Charles Village

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Very profitable pizza shop .
Asking Price:
$125,000

Gross Revenue:
$528,000
Cash Flow:
$111,600
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$4,000
included in asking price

FF&E:
$5,000
included in asking price

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Business Description

Located in lower Charles village this Super busy originator of wings and pizza in Baltimore has been a staple within the community for 15 years. This establishment introduced the concept of flavored wings and pizza as a combination and has maintained a clientele that consistently brings in 10k a week with simple flyer advertising and easily has the potential to grow by simply increasing the staff. In addition to 40 wing flavors, unmatched by any Baltimore competitor, this carryout offers one of the most diverse menus in the city with food ranging from seafood specialty subs to classic all American comfort food. With 4 neighboring universities coupled by a demographic of millennials to baby boomers, the level of success an owner wants to achieve is strictly based on how hard they want to work. This is a turnkey opportunity with an established clientele in a beautiful historic community.

About the Business

Year Established:
1997
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
1,000
Lease Amount/Mo.:
$2,600.00
Market Outlook/
Competition:
Originator of pizza and wings. Only place in the city offering 40 flavors, a diverse menu and open until 1 am, competition closes at 10 to 11.
Growth & Expansion:
Owner is so confident that one can double their income by adding more staff, ex. drivers, that he is willing to stay on and show new owner how to make 20k a week, easily. under the conditions that the potential owner put 15k into an escrow account for 2 weeks and if he doesn't buy the business after seeing the numbers go up then the owner keeps the funds simply for protection of the potential owner mirroring his marketing at a different location.
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About the Sale

Reason For Selling:
moving
Training/Support:
2 weeks

Listing Info

ID:
1452133
Ad Detail Views:
585

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Business Listed by

Derrell Gilchrist

Transworld Business Advisors of Baltimore

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Sponsoring Broker:

Andrey Gustov
Transworld Business Advisors of Baltimore

U.S. Census Data for Anne Arundel, Baltimore and Baltimore city Counties, MD
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Anne Arundel, Baltimore and Baltimore city Counties, MD
Income

Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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