Asking Price: $230,000 Gross Revenue: $766,700Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Well established Pizza Restaurant for over 10 years. Pizza Restaurant in very busy high traffic Shopping Center with 2017 gross sales at $766,700.00!!! With projected sales for 2018 to exceed $700k.Current owner-operator has owned the business for 9 years. Great location and plenty of parking next to 7 Eleven Convenience store. All equipment is included in the sale. Owner willing to provide training to new owner if needed. Tax returns available upon request after signing confidentiality agreement and proof of funds to purchase business. Plenty of new equipment, and all equipment is in good working condition. There is another 5 years on the lease at very low rent, triple net and with option another 10 years. So 15 years left on business. Lease, lease option and tax returns all in place. Restaurant operates with POS system cash register. Website also available for the restaurant with a * 4 * star rating on Yelp!! Great opportunity to own your own business and positive cash flow on day one!!!
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
Current lease up until March 1st 2022, with option another 10 years until 03/01/2032. Another 15 years least left on business. Lease is triple net. $1700 a month with another $500 to $600 a month for the triple net expense.
Well Established 12 years Pizza Restaurant For Sale
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