Price: $120,000
Location: Bucks County, Pennsylvania
Industry: Pizza
Listing ID: PZZA817
Wonderful business opportunity for this well-known long-standing pizzeria in an active community of Bucks County, Pennsylvania. The owner must sell due to retirement after many years of success in this food service industry. The company has an assignable, long-term lease with a fair and modest yearly rent expense. This is a most unusual safe business opportunity, based on the asking price, required down payment for owner financing and yearly net income, this business expects to supply a consistent return on investment. The business fixed assets have an estimated value of approximately $75,000 which is based on the cost of the original buildout, replacement expense, representing equipment, licensing, tangible & nontangible values. The accurate value of the assets will be calculated during the allocation period. This transaction consists of a fully equipped commercial retail operation, which includes, required municipal & state licenses, web site, social media venues, commercial kitchen, walk in refrigeration, POS system, tables, computer, software including all the necessary equipment to maintain the day-to-day business operation and a list of assets will be supplied to purchaser upon request.
Listing Details
Revenue: $225,000
Cash Flow: $65,000
FFE: $75,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Reason For Sale:
Owner retiring
Training & Support:
Training and owner support, the owner is fully prepared to remain post-closing and is prepared to supply an appropriate transitional period to purchaser.
Operation
Year Established: 2000
Days & Hours of Operation: Days Hours of operation; this business is active six to seven days per week, with hours from 10:30 am to 9:00 pm.
Owner Hours Per Week: Full Time
Employees: Regarding employees and payroll, this retail company consist of three (3) employees who are unaware of the pending sale. The payroll is based on an hourly basis, and weekly base salary, and the staff is fully expected to remain post-closing, monthly payroll expense is approximately $4,000.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 2800
Type of Location: Commercial active highway
Square Footage: 1400
Facilities Information:
This business opportunity is in Bucks County PA on a highly active county road. This business facility consists of approximately 1,400 square feet, with limited seating and 100% delivery, with an attractive appearance. The business is in a commercial mall conveniently located for its various customers.
