Business for Sale Overview:
Seller Financing Available!! Seller will finance up to 35% of the Purchase Price.
This carryout and delivery pizza restaurant is located near the Crystal Lake, Barrington Hills, Cary & Fox River Grove areas of Northern/Northwestern Illinois.
One unique benefit to this location is that the local high school is less than one mile away with over 1900 students and faculty members. They sell pizza by the slice, so many of the students and faculty have made this pizza restaurant their regular stop for lunch and after school for a quick bite to eat.
This pizza restaurant offers delivery for both lunch and dinner. The menu has many food items in addition to pizza. Some of the other menu items include; 20 different sandwiches, 6 different salads, calzones, pasta dishes, panzarottis, ribs, chicken, shrimp, wings and about 12 other appetizers such as mozzarella sticks and cheesy garlic bread. They also have catering packages, family style food and a kids menu.
Even though this business generates over $350,000 in gross sales, there is still room for improvements by a new owner/operator. The current owner only works part-time and admits that he doesn’t focus at all on growing the business. Nobody is actively pursuing outside catering accounts. It’s also very difficult to make sure nothing is going out the back door and to make sure everything is being rung up when the owner is only working part-time. Another issue with a part-time owner/operator is that the payroll costs run higher than they would with a fulltime owner/operator. You also have to assume that customer service and food quality would be better with a full-time owner/operator.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Base Rent; Real Estate Taxes; & C.A.M. is $2,300 per Month, Lease Expires
5/31/2015(including options), Store Size is approximately 2,000 Square
Feet, Plenty of parking.
Market Competition and Expansion:
Excellent location for growth.
Reason for Selling:
To manage his other businesses and care for his 6
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.