Carryout And Delivery Pizzeria
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $208000
Net Profit / Cash Flow $130000
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: $126,000 / year. Original owner. Established 1995. 12+ very successful years in beautiful strip mall in Naperville. Established and loyal customers (23,000 + customer database).
Why invest more into a franchise and pay upwards of 10% OR MORE in royalties? This is an ESTABLISHED, 12 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 $126,000 in 2007, and trending over $130,000 this year. 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 $130k/year 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 $50k/year. The balance of the profits ($80k) would be split. He has toured the restaurant and is excited about investing $125,000 and making an annual return of $40k (33% return). You would make $90k. Your $125k investment would net you $90k/year.
OPTION #3: The buyer from Option #2 would consider purchasing
the entire restaurant ($249,999) but only upon finding a trustworthy manager to run it. This person would be paid a salary ($50k), with the balance of the profits ($80k) going to the investor.
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 IS FIRM AND NOT NEGOTIABLE. Confidentiality agreement required. Email or call 630-802-6100.
Click Here To Contact Seller
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