Asking Price: $89,000 Gross Revenue: $318,321Cash Flow: $76,129 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 not included in asking priceFF&E: $35,000 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.
Excellent opportunity to own an already established franchise grinder & pizza shop. Famous for their delicious grinders, in addition this franchise location offers a wide variety of pizzas, sandwiches, appetizes, salads and desserts. This well known franchise system prides itself on high in quality, generous in portions and superior in freshness food offerings. Well appointed, clean, 44-seat location is just a short distance from many upscale residential neighborhoods and caters to the local families, community events and more. Also utilizes GrubHub with online ordering to result in further increased revenue
The owner employs 4 full time and 2 part time employees. This is a turnkey operation with clean books and records backed by solid franchise system with strong brand presence and excellent support.
This opportunity is ideal as a family owned and operated business. Seller is offering the business for $89,000 plus approx. $2K in inventory, which is significantly below starting a brand new franchise. All assets are included with the sale.
Franchise transfer fee is $2K.
More information is available with signed Non-Disclosure.
About the Business
Oakland County, Michigan
Number of Employees:
Building Sq. Ft.:
$3,800.00 Per Month
Corner location with excellent visibility in a well maintained strip center with very busy anchor Dollar General store. The shop is located in 2,500 sq ft space with $3,800 monthly lease, 7 years left on the contract. Plenty of parking. Great landlord to work with.
Proven brand with great menu options makes it a desirable spot for many patrons in the community.
Growth & Expansion:
With fresh energy of the new owner, this business is poised for continues growth, many opportunities exist for community outreach.
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 & Conditions.