Asking Price: $99,995 Gross Revenue: $300,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $8,000 not included in asking priceFF&E: $70,000 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.
Great opportunity to purchase a turn-key family style Italian restaurant in a growing and high traffic Northern Virginia market. The restaurant offers a moderately priced Mediterranean cuisine featuring custom hand-tossed New York style pizza cooked in a real brick oven. While this restaurant location was founded as a pizzeria, they have developed a gourmet menu that will delight the taste buds of patrons old and young, with lunch and dinner offerings that are sure to please whether it's dine-in, takeout, or home delivery. The restaurant also offers a separate catering service and menu that will appeal to the tastes of the local business community.
The restaurant has an accounting system that tracks expenses to the penny, including fixed costs, employee-related, and cost of food. There is an integrated point-of-sale system that ties in with the online ordering and other social media platforms. Vendors have been established and cultivated to provide the highest quality products at the most competitive pricing. All recipes are detailed and documented to ensure both quality and consistency. Inventory systems are in place to ensure the operation runs smoothly. All positions have job descriptions and assigned duties that are well documented for ease of implementation. The restaurant has the feel of a down home experience and all of the necessary business development and operational systems have been established for this restaurant. It's truly a turn-key operation that is ready for an experienced restaurateur or first time buyer as a single location or for a new owner to take it to the next level to start opening additional corporate and/or franchise locations.
About the Business
Number of Employees:
Building Sq. Ft.:
The restaurant is located in a high traffic shopping center with major anchor. The space is 2026 sq ft and leased for approx. $7975/mo. which includes base rent and all pass through expenses (NNN). The restaurant was recently renovated with a modern, welcoming feel that has 75 seats inside and 16 outside.
Standard competition for the market in the restaurant industry.
Growth & Expansion:
Several areas of opportunity for a new owner to grow the business by expanding the menu, doing more marketing and advertising to increase awareness in the local community which will also help increase delivery and catering sales.
Well-Known Italian Brick Oven Pizzeria in High Traffic Shopping Center
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