24 Year Independent Pizzeria - Original Owner

24 Year Independent Pizzeria - Original Owner Location: Northern Cincinnati
Listing Number: 92618del

Financial Information

Asking Price: $395,000
Gross Revenues: $733,000
Cash Flow: $180,000
Real Estate: Leased space

Business Description

This is a well-managed, successful, and growing pizzeria that the retirement aged seller established 24 years ago.  2017 sales were $733,000 with owner earnings of $180,000 and 2018 sales should exceed $800,000 with increased owner earnings.  Since 2013 sales have increased on average 10% each year.  A varied menu is offered including pizzas, hoagies, chili, appetizers, salads, and desserts.  The business is offered as an asset purchase, free and clear of debt.  The owner will train in all aspects of the business and will be available to ensure a smooth transition.  Highlights include:

 

SBA loan qualified

Poised for more growth

Very large delivery area

Long time secret recipes

Excellent school business niche

Almost all carry out and delivery

This model is able to be franchised

All inventory and equipment included

Clean books and records – all numbers are verifiable