This is an Excellent, Well Established, Highly Recommended Independent Pizzeria located in a small strip center near a hugely populated residential area. Due to a situation beyond his control the current owner can only be a Semi Absentee Owner. This business needs to have a full time Hands on Owner Operator to grow to the next level. Current owner has either replaced or fully repaired most of the Equipment. Outstanding Opportunity for the right buyer.
About the Business
Number of Employees:
2 FT, 4 PT
1,450 Square Feet with total current Rent of $3,166, and a lease term of 1 Year, and One 5 Year Option.
Standard Pizza Restaurant competition in the area.
Growth & Expansion:
Mainly being a Hands on Owner Operator to do more Marketing and Advertising.
Seller will give 2-4 Weeks of Training/Transition.
Ad Detail Views:
Asking Price: $150,000 Gross Revenue: $400,000Cash Flow: $80,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,500 not included in asking priceFF&E: $90,000 included in asking priceReal Estate: Not Disclosed Share 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 Independent Pizza Shop in Woodbridge, VA
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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
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