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Asking Price$761,534
Revenue$325,483 EstablishedUndisclosed
Cash Flow$66,870 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
The Company is a Restaurant Pizzeria business specializing as a family Style Restaurant with pickup and delivery services for all of the menu items. The Company provides the highest quality food and best service possible. Although the Company provides a wide variety of menu items, it focuses on the best tasting pizza selected after 100 people chose unanimously the best cheese and sauce in a test tasting survey. The Company s primary market area is currently within the County of Jefferson. The Company buys and sells all of its products in a competitive marketplace using local produce and healthier, more natural ingredients. The Company has no proprietary products or exclusive rights to sell its products. There are several competitors within the market range of the Company all selling similar products. Competition is based primarily on quality and service.
Facilities:The Restaurant occupies approximately 10,000 square feet of Dining/Kitchen/Storage and Customer Service Area. The Dining area provides seating for 100 Patrons. The building is owned by the business owner and the Company pays a gross rental payment of $3253 monthly. The owner will continue a Lease for that amount (with inflation escalations) for 5 years, subject to Company purchase negotiations. The Company owner is also willing to consider the sale of the real estate as part of the business purchase.
Competition:Although there are many possible competitors, such as Dominos, Pizza Hut and Papa John, the Company is able to effectively compete by targeting its services directly to its loyal customer base, keeping prices competitive, offering superior service of accounts, and building additional business through it excellent reputation and resultant referrals. The Company is known for its 12 years of experience and superior Delivery, Pick up and Dining service.
Training/Support:The Company s key employee is its owner who provides technical and management expertise to the Company and is critical to the long-term success of its operations. He is willing to stay with the Company after its sale under a 1 year employment contract, subject to mutually acceptable negotiated terms and conditions.
Seller Financing:60% financing for a period of 10 years at a 7% interest rate
Sale Reason:Seeking new opportunities
Ad #14753
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Contact This Seller
Barbara Molvar
Amazing Business Broker
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