SENSATIONAL CHAIN OF SIX PIZZA STORES WITH LATEST VERY SUCCESSFUL CONCEPT
(Restaurants, Pizza Shops, Retail, Miscellaneous Retail; Food Related, Snack Bars; Restaurants;Restaurants, Fast Food)
New York, New York
Listed Price: $ 1,800,000
Listing ID: XC1110709
Listing DetailsGross Revenue: $ 5,500,000
Cash Flow: $ 650,000
FFE: $ 512,000 (Included in Price)
Inventory: $ 35,000 (Included in Price)
Form of Ownership: C Corp
Reason for Sale:
RETIREMENT- SELLER HAS SEVERAL BUSINESS AND CANNOT MANAGE THEM ALL ADEQUATELY AS THIS BUSINESS IS AN EXPLODING CONCEPT AND NEEDS A HANDS ON OWNER. THE PRESENT OWNER HAS BUILT THIS CHAIN AS AN ABSENTEE OWNER.
Training & Support:
COMPLETE TRAINING INCLUDED
Listing SummaryBusiness Description:
THIS FABULOUS NEW CONCEPT IN PIZZA SHOPS IS SECOND TO NONE. THERE ARE 8 STORES IN AMAZING AND HARD TO GET LOCATIONS. THE CONCEPT CAN EASILY BECOME A MAJOR NATIONAL CHAIN OR FRANCHISE OPERATION. HURRY - THIS WILL NOT LAST !
Historical Summary:
A NEW AND TIMELY CONCEPT JUST WAITING FOR THE NEXT OWNER TO TAKE IT GLOBAL.
Owner Qualifications:
BUSINESS EXPERIENCE
Competition:
HARDLY ANY AT ALL !
Potential Growth:
TOTALLY UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Option: THE CHAIN HAS 8 LOCATIONS ALL UNDER DIFFERENT LEASES , THE AVERAGE LEASE IS 5 YEARS WITH A 5 YEAR OP
Lease Security: 100000
Monthly Rent: $ 60,000
Square Footage: 5000
Facilities:
THERE ARE EIGHT LOCATIONS AVERAGING 6-700 SQUARE FEET PER LOCATION. THEY ARE ALL FULLY EQUIPPED WITH THE LATEST STATE-OF-THE-ART ELECTRONIC PIZZA MAKING EQUIPMENT. THEY AR ALL ON MAJOR THOROUGHFARES IN EXTREMELY BUSY AREAS.
OperationYear Established: 2010
Owner Hours: 30
Employees: Full Time: 35
Managers: 5
Absentee Owner: Yes