Pizza Shop & Laundromat In The Center of Town

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Two Cash Flowing Businesses In One Main Street Building!
Asking Price:
$220,000

Gross Revenue:
 Not Disclosed
Cash Flow:
$87,500
(Seller's Discretionary Earnings)

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

FF&E:
$150,000
included in asking price

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Business Description

Cash flowing business with a great location and diverse service/retail mix. An owner operator is sought to take over the business and run the pizza shop. The laundromat features 35 washers and 48 stack dryers, and the pizza shop services walk in traffic and delivery. Business includes a functional website were customers can order online.
It's currently running absentee owner, and the pizza shop nearly breaks even for all expenses including food costs, payroll, utilities, rent and more. The laundromat is all profit, as no staff is needed and customers can get help from the pizza shop if needed. An owner operator could significantly reduce payroll costs and raise the profitability of both businesses.

About the Business

Year Established:
2004
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
2,136
Lease Amount/Mo.:
$3,600.00
Lease Expiration:
4/28/2023
Facilities:
Real Estate Available for Sale Separately.

Free standing facility with plenty of parking. Great frontage on main street.
Market Outlook/
Competition:
The current owner does no marketing. Local marketing to businesses and local neighborhoods could make a big impact.
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About the Sale

Reason For Selling:
Absentee Owner
Training/Support:
2 weeks training included at no charge
Seller Financing:
Seller will hold a $100K note for 3 years at 7%.

Listing Info

ID:
1494013
Ad Detail Views:
1058

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Business Listed by

Neal Isaacs, MBA, CBI

VR Business Brokers - Raleigh

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Certifications:
U.S. Census Data for Johnston County, NC
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 Johnston County, NC
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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