Pizza to Go. Gross $852,948 Yr. $125,000 Down Owner Finance Won't Last

Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$852,948

Inventory$3,000
Included in asking price
FF&E$80,000
Included in asking price
Real EstateNot Disclosed

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Pizza to Go. Gross $852,948 Yr. $125,000 Down Owner Finance Won't Last


Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$852,948

Inventory$3,000
Included in asking price
FF&E$80,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Well established since 2009. Present Absentee Owner has owned it for approx. 8 years. Clean throughout. Present lease expires in April of 2030 WITH A 1% ANNUAL INCREASE IN RENT. THAT'S RIGHT 1%. This sale is designed for an owner/operator. The net income of $115,000 is a combination of the net income of the store, Manager's salary and a reduction in labor cost for an owner/operator.
Located in a high end shopping center with many different tenants and anchor tenants. Sales have dipped for the past (2) years simply because of a lack of managerial leadership and poor customer service with employees desperately needing more encouraging supervision. Buyer will pay the franchisor a transfer fee in the amount of $20,000.
About the Business
Years in Operation
17
Employees
9 (1 Full-time, 8 Part-time)
Employees are not motivated. Poor attitudes
Facilities & Assets
The store is well maintained and does not need an upgrade for many years. Located in a very high traffic shopping center with plenty of parking. The store is about 1,200 sq. ft.
Market Outlook / Competition
There is always competition in any food business. Owners who provide the best customer service and consistent product quality are the ones who grow and prosper.
Opportunities for Growth
An owner/operator will make a Hugh difference in building relationships with not only customers but with the entire community. This is something that has been lost in the age of technology.
About the Sale
Seller Motivation
Seller does not want to get his hands dirty in the day to day operation. He want
Transition Support
The franchisor will provide ongoing training and support.
Financing Options
Seller will finance part of the purchase price for up to (10) years and due in(3) yrs
Listing Info
ID
2498380
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Business Listed by: michael marich MS Real Estate Incorporated

Listing ID: 2498380 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 of Use. Learn how to avoid scams.