Profile: 20 Year Award Winning Pizza, Stable Revenues Semi-Absentee Owner.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$860,000 |
| Down Payment: |
$280,000 |
| Annual Revenue: |
$685,000 |
| Annual Adjusted Net: |
$315,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
No |
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Description:
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20 Year Award Winning Pizza, Stable Revenues, Provable 315K Net. Excellent Financial Records. No Recession Here. 12 Month Revenues At This Single Location Were 2008 - 685K, 2007 - 707K, 2006 - 651K. The Discretionary Income Is Similarly Stable. Not A Franchise. Nice Safe Area, Low Competition. Revenues And Profit Provable Via Tax Returns, And Accountant Prepared Financial Statements. At Present The Business Is Semi-Absentee Owner With Full Time Manager, However The Discretionary Income Is Based Upon One Working Owner. 1,000 Square Feet, For Semi Absentee Owner Use 250K Discretionary Income. Much Of The Business’s Success Is The Secret Award Winning Recipes That Come With The Business. I Tried The Pizza With My Family; We Unanimously Voted It As The Best Pizza We Ever Ate…really! Rent Including Cam Is 5,000 Per Month. Beer And Wine License Is Included. A New 10-Year Lease Is Available To Qualified Buyer. SBA Financing Is Available To Qualified Buyer. With Approximately 283K Down Payment. Payments On A Loan Balance Of 577K With 7% Apr / 120 Months Is 6,734 Per Month Or 81K Annually Leaving Net Cash Flow After Debt Service Of 204K Or And Excellent 72% Annual Cash-On-Cash Return. Because Of Easy-To-Run, High Net, Good Books And Stable Revenues This Business Get The Select Business Sales Five Star Rating!
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