31 Years at the same location has made this Pizza / Italian Family Restaurant has earned its place as an anchor tenant in this busy shopping center. Other anchors include Wells Fargo Bank and Stop and Shop . Neighborhood consists of great many residential communities . Large retirement communities , 55+ Adult Communities, Active Adult Communities, Apartment complexes as well as Residential communities . This business does gross sales in excess of 1 million dollars. This # can be dramatically increased by adding delivery service as an amenity to the local residents. This is the best known pizza/restaurant in the area.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
A fully equipped kitchen and 24 booths are the first thing you see when you walk through the front door.To the right two steps up takes you to a bright and sparkling clean dining area that seats up to 40 guests.
There are other pizzerias in the area none of which do the sales volume of this little gold mine. This pizzeria restaurant caters to all segments of the large marketable area it services.
Growth & Expansion:
This business can be expanded by using the internet marketing programs that are available today. The size of the space can be increased by acquiring additional space that adjoins this site from the landlord when space comes available.
Owner will stay to train for reasonable length of time.
Seller Financing depends on the credit of buyer.
Ad Detail Views:
Asking Price: $750,000 Gross Revenue: $1,200,000Cash Flow: $246,000EBITDA: $511,600Inventory: $10,000 included in asking priceFF&E: $25,000 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.
Well Established Pizza and Italian Family Restaurant For Sale
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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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