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- RE: First Family Of Pizza
- Contact: William Malek
Quick Facts
Asking Price: | $375,000 | |
Annual Revenue: | $500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $84,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $54,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1981 | |
Employees: | 15 | |
BBN Listing #: | 555756932 | |
Broker Reference #: | 201214 |
Business Overview:
First Family of Pizza, after 39 years, the family is ready to retire from the Pizza business. All the awards are in, and with several family members already retired, the rest are preparing for new adventures. Sales have been on an annual increase and are projected to increase in the pandemic's face in 2020.
As a traditional pizzeria, the Company offers a classic menu with multiple specialty pizzas.
Located in a prime area, the Business offers dine-in pre-COVID, carry out, and third-party delivery services.
This Pizzeria is in a very competitive market, and its success is due to the superior product. New owners would be wise not to make any changes to the menu.
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Property Features and Assets:
The Sale will be an Asset purchase that includes all of the Companies assets, less the Cash and Cash Equivalents.
Market Competition and Expansion:
This Pizzeria is in a very competitive market, and its success is due to the superior product. New owners would be wise not to make any changes to the menu.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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