912 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$99,000
Revenue$285,000 EstablishedUndisclosed
Cash Flow$60,000 Employees2 full, 2 part
FF&E$55,000 FranchiseNo
Inventory$2,500 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Eat-In or Take Out Restaurant - Pizza and Burgers. This business was established in 2015 and offers high quality pizza, burgers and additional dishes such as sandwiches, wraps, salads, wings, etc. They offer eat-in service, take-out and delivery. They are open 7 days (M-Sat 10am-10pm, Sun 11am-9pm). The business is located in a small strip mall with good parking on a busy road. The space is 1,100 sf. with 10 seats (no basement) and 7 years remaining on the current lease at a RENT OF ONLY $2,500/MTH. (The lease allows a tenant to walk away at any time with only 90 day notice). In the past year the business grossed approx. $285,000.00 (35% delivery, 40% take-out, 25% dine-in) with a cash flow of approx. $60K (for an owner/operator).  The current owner is only there part-time (2 days/wk) and has a high payroll of approx. $70k/yr. for 2F/T and 2P/T employees. Sales are up 10% year over year. They offer a full kitchen with hood system. The owner is selling as his family is growing and he needs more free time. The business can continue to grow with the current concept or you can come in and change the concept.  We are seeking a serious and financially qualified buyer with at least $70K in liquid funds to cover the downpayent and $5k rent security. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.  Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$65,000.00 Down and $34K over 2 yrs. @ 8%
Sale Reason:Needs more family time.
Ad #99327
Seller Reference #30523
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Melvin L. Vaz
1-877-735-5224
Name
Email Address
Message