Description of the business for sale
The Company has been serving freshly made sandwiches, salads, and pizzas for 20 years. The Company caters to the local students and residents as well as the businesses in the area at its location in Uptown New Orleans. In addition to serving sandwiches, salads, and pizzas the company also features spicy wings, specialty pasta dinners and desserts. The Company currently offers delivery service within a five mile radius of its Uptown New Orleans location and catering services throughout the city. The Company has great food, service, and a loyal client following.
Growth and Expansion: THE COMPANY'S STRENGTHS: 1. Great food/distinctive menu for over 20 years 2. Great location 3. Return clients
Support / Training provided by seller
Financing: The owner is willing to finance with 50% down for 3-5 years at 8%
Support/Training: The owner is willing to train.
Reason Selling: The owner would like to focus on other business ventures.
Included in the Asking Price:
Furniture, Fixtures & Equipment: $46,995
Inventory: $3,000
NOT Included in the Asking Price:
Real Estate: $250,000
Cash Flow: $49,999
Description of the facilities
Facilities: The building is in good condition and consists of one level totaling approximately 1700 square feet. The real estate is available for sale at a price of $250,000.
Competition: The Company currently has no major competition. There are two other fresh ingredient style pizzeria businesses in the Uptown area. Neither of which are located close enough to the Company to pose any serious competitive threat. The Company's geographic competitors consist of fast food and other quick stop restaurants frequented by students and local residents.