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Carryout And Delivery Pizzeria
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $168000
Net Profit / Cash Flow $84000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1995
Number of Employees 4 - 5
Inventory 100000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Upon request.
Reason for Sale Family illness.
Description Net to owner / operator: $84,000/yr. Original owner. Established 1995. 15+ very successful years in beautiful strip mall in Naperville. Established and loyal customers (23,000 + customer database).
FOR DETAILED PHOTOS, CUT AND PASTE THIS LINK INTO YOUR BROWSER:
s464.photobucket.com/albums/rr6/JKGeneva/?action=view¤t=ee96b310.pbw
Why invest more into a franchise and pay upwards of 10% OR MORE in royalties? This is an ESTABLISHED, 15 YEAR OLD BUSINESS, with CURRENT RESIDENTIAL CUSTOMERS, with a niche market of BUSINESS CATERING.. ADDING UP TO GREAT CASH FLOW!
Food costs stable at 22.0%. State-of-the-art equipment / turnkey operation. Fully computerized. Net $84,000 in 2009. I work the business every day. If you want to hire a manager, it will cut into your margins. Currently on the third 5-year option of triple-net lease (rent/cam/insurance/taxes).
3 OPTIONS:
OPTION #1: Outright purchase. Your $249,999 investment will provide you with a $84,000/yr net income.
OPTION #2: I have a buyer who wishes to purchase half of the restaurant ($125k) and is LOOKING FOR A PARTNER. He doesn't wish to be involved in the day-to-day operations. You'd be responsible for running the restaurant and paid a salary of $40k/year. The balance of the profits ($44k) would be split. He has toured the restaurant and is excited about investing $125,000 and making an annual return of $22k (20% return). Your $125k investment would net you $62k/year.
SERIOUS INQUIRIES ONLY. NO BROKERS. PLEASE BE FINANCIALLY ABLE TO PURCHASE OUTRIGHT, OR THRU A LENDER. IF YOU DON'T HAVE THE FUNDS, OR AREN'T CREDIT-WORTHY THEN THERE'S NO REASON TO WASTE EITHER ONE OF OUR TIME. THANKS. ASKING PRICE NEGOTIABLE IF LOOKING TO MOVE QUICKLY. Family illness forces sale. Confidentiality agreement required. Email or call 630-802-6100.
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