Pizzeria and more asking $190,000

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Business Description

Opened April 2018 at a cost of over $450,000. The average monthly sales are about $38,000 bringing the first twelve month revenue to approximately $456,000. This restaurant can be bought as an independent store or kept as a franchise. The owner is absentee as he has a full time career. If kept as a franchise there are other territories that have been paid for by the current owner that will be part of the sale. The store is 2300 SF in an ideal location. We are asking $190,000. Contact: Matt Wochele, CBI C# 404-863-2200. Status: For Sale.

About the Business

Location:
Duluth, Georgia
Year Established:
2018
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
2,300
Rent:
$8,300.00 Per Month
Lease Expiration:
5/1/2028
Facilities:
Opened April 2018 at a cost of over $450,000. The average monthly sales is about $38,000 bringing the first twelve month revenue to approximately $456,000. This restaurant can be bought as an independent store or kept as a franchise. If kept as a franchise there are other territories that have been paid for by the current owner that will be part of the sale. The store is 2300 SF in an ideal location. We are asking $190,000. Contact: Matt Wochele, CBI C# 404-863-2200. Status: For Sale.
Market Outlook/
Competition:
typical
Growth & Expansion:
typical
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About the Sale

Reason For Selling:
The owner has a full time career and he is not able to run the restaurant as ori
Training/Support:
Yes
Seller Financing:
20%

Listing Info

ID:
1631383
Ad Detail Views:
0
Asking Price:
$190,000

Gross Revenue:
$456,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$1,500
not included in asking price

FF&E:
$200,000
included in asking price

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Business Listed by

Matt Wochele

Preferred Business Brokers, Inc.
License# 178746

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