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Pizza Takeout Delivery Eat - In Cash Business
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $220000
Net Profit / Cash Flow $48000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1999
Number of Employees 1 - 3
Inventory 32000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will provide business and operating training to a buyer for 2 weeks included in the purchase price.
Reason for Sale Family Health
Description MegaBite Restaurant Brokers LLC offers, for your ownership consideration, a New York Style Italian restaurant located in a stand-alone building off I-20 in South Fort Worth, Texas. The business has a very inexpensive lease ($700/month including NNN) and new (2012) refrigeration Inside/outside for walk-in cooler. The business will benefit from a hands-on owner or couple who wants a cash-business. The business has a loyal following including students, government employees and surrounding residents. The business is located in a busy commercial, school and residential area including 2 High Schools within ~1 mile, and major state/county government departments.
The asking price for the assets of the business is $90,000 ALL-CASH or $150,000 with $50,000 down and $100,000 seller-financed. The assets include inventory at cost of $2,000 and FFE (Furniture, Fixtures and Equipment) valued at $30,000. NOTE: the business has cash sales.
Facilities:
Business occupies approximately 950 SF + Patio Area, in a Stand-alone Building. Building has new roof and AC. Leased for 5 years at ~$700/month thru 05/1/2015 with 5 year option and lease deposit of $700. Front Dining area, Serving counter, Prep area/kitchen, side patio, 1 bathroom, approximately 10'x12' Shed outside for supplies.
Growth/Expansion:
This is a good location with cash income and excellent potential. A new owner can continue to grow the business and profits in several ways: 1) Advertise, 2) expand hours to Sunday, 3) Create on-line ordering and delivery to offices, 4) Build Catering business
Financing:
Price $90k CASH or $150k with $50k down+ $100k seller-financing
Support/Training:
The seller will provide business and operating training to a buyer for 2 weeks included in the purchase price.
Reason Selling:
Family Health
Click Here To Contact Seller
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