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Asking Price$299,995
Revenue$568,638 Established2009
Cash Flow$160,139 Employees5 full, 5 part
FF&E$68,295* FranchiseYes
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Incredible opportunity to purchase an established New York Style Pizza Franchise in a growing part of Maryland just south of Baltimore near Arundel Mills Mall & BWI Airport! The business offers New York Style Pizza which is one size only, calzones, pastas, salads, chicken wings, garlic knots and many other favorites! The business is in a great location and has a very loyal customer base that loves the food! This location has great reviews on all social platforms which really helps bring in new customers. The atmosphere is nice and modern and they have a great and easy to use website where you can order online for pick-up or delivery. The franchise is incredibly supportive making this a very easy business to operate for an owner operator or even a semi-absentee/absentee owner. The business is currently semi absentee to absentee owned as it is being run by a manager (note the claimed cash flow is if the business was owner operated – it would be about $35k less if absentee owned) as the owner has other businesses, three more of the same Franchise, another of which he is currently selling (a combined sale can be negotiated at a slightly reduced price), the other two he is keeping as he truly likes the franchise and wants to grow those locations. Businesses like this don’t last long, so if you are interested contact us today!
Facilities:The business occupies a 1200 sq ft space which is leased for $5,500/mo. The restaurant is located in a high traffic shopping center with major anchor. The space is fully equipped with everything in great working order. There are lots of residential communities nearby as well as many businesses.
Competition:Standard competition in the food industry and market.
Growth Potential:The current owner has multiple businesses and is pretty absentee, so a new owner can easily increase revenues and cash flow by just being there. A new owner could expand upon local marketing efforts to increase awareness of the business. Another huge area of opportunity is catering and delivery.
Training/Support:Seller will provide necessary training and support.
Seller Financing:Available depending on the final purchase price, terms and qualifications of the buyer.
Sale Reason:Seller owns multiple businesses and is looking to exit to purchase a hotel.
Ad #94744
Seller Reference #HZ307DZ
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Contact This Seller
Horizon Business Brokers, LLC
703-910-7384
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