Description of the business for sale
The sellers of this pizzeria are absentee and have others manage the business for them. This is a great opportunity for an owner/operator who wants to build this business that has a great reputation. It has the best of both worlds - it is located on a major highway, but also located in a populated community. They did $275,000 in business last year and are projected to burst through that number this year. An owner/operator of this business should make a minimum income of 20% of gross sales from this operation. Sellers had no food experience and have done very well, but have other business interests that occupy most of their time. They serve appetizers such as garlic bread, bread sticks, French fries, and chicken wings. In addition, they also serve salads, specialty pizzas, hoagies, and calzones. All the food equipment was purchased brand new so this is truly an operation that will allow a new buyer to begin making money from day one. Sellers have done no marketing either so a new buyer can get creative and really drive the sales upward quickly. Inventory, equipment, furnishings, and leasehold improvements are valued at the asking price.
ADDITIONAL FINANCIAL INFORMATION
•Financing: Seller will consider financing portion of price.
•Inventory: $6,000
•FF&E: $125,000
REASONS FOR SELLING: Other business interests.
Support / Training provided by seller
Seller will stay as long as necessary to ensure the success of the buyer.