Asking Price: $249,000 Gross Revenue: $604,651Cash Flow: $70,000EBITDA: $70,000Inventory: $4,000 included in asking priceFF&E: $299,000 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.
This is a BROKER's listing; please do NOT submit an inquiry for this business if you do NOT intend to:
1) Sign a Confidentiality agreement (a.k.a. Non-disclosure [NDA]);
2) Respect SELLER'S business confidentiality by not disclosing Business info to third party or communicating with Employees and/or Customers;
3) Make advanced appointment/notify BROKER of your approach of SELLERs.
4) Other brokers/agents please identify and request a co-brokering agreement on your 1st contact of Listing BROKER.
* Serious buyer only.
This businesss offers no dine-in. It is an established take-out & delivery pizza shop. Its FRANCHISE is a nationally renowned brand. With approximately 8 part-timers and 2 full-time employees, current Owner of this business (SELLER) is operating it full-absentee. In 2015, Seller spent approximately $400,000 to build this business from scratch going by Franchisor's guideline. Now, he wishes to sell this establishment in attempt to consolidate his businesses. The business is simply too far for Seller to commute from Plano, TX once or twice a month to Corsicana to perform a quick routine check on the facility and employees while he still has multiple convenient stores in Collin County to manage. From its inception, the business has always been managed by trustworthy full-time managers, who helped Seller successfully operates this pizza shop almost entirely owner-absentee with annual profits in the range of $70,000 to $80,000 / year. This is a good opportunity for any serious business purchaser who seeks to own a PROFITABLE Absentee business with a nationally recognized brand in a growing suburban area, away from the hustle and bustle of the big cities. It is also a rare opportunity for any international investor/buyer to acquire a business that would not only guarantee almost instantly some profits in return, but could also help the business purchaser in becoming eligible for an immigration visa to the United States with a well-known Franchise brand named on the immigration application.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,828.00 Per Month
Very cheap rent & renewable for 3 years.
Corsicana, Texas is a business-friendly community located just 50 miles southeast of downtown Dallas on I-45, which connects the Dallas-Fort Worth Metroplex with the Greater Houston metro area. The city is close enough to the Metroplex to take advantage of its extensive resources, while being just far enough away to also enjoy lower business operating and living costs. This pizza store is given a territory of 20 miles radius minimum by Franchisor.
Growth & Expansion:
POTENTIAL GROWTH: As the population in north Texas grows, more people are relocating to the suburbs. Corsicana is an ideal surburban town that continues to grow along with the expansion of DFW metropolis. This established franchise pizza store sales records since 2015 speaks volume about the enormous opportunity this suburban city has to offer to the business. Local marketing could help increase business by 20%, but current Owner does not live near business premise and has no time to launch local marketing campaigns.
Profitable full ABSENTEE Franchise pizza shop good 4 immigration visa
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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
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