Highly Successful Pizza Business

Not Disclosed, FL
St. Lucie County

Asking Price: Annual Revenue:
$995,000 $1,129,087

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Highly Successful Pizza Business Broker: Dale Armor

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,129,087
Net Profit: Not Disclosed
Cash Flow: $385,036
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 22
BBN Listing #: 946111185
Broker Reference #: 170-18600

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Business Overview:

Lender qualified with $199k down! Great cash on cash return after debt service. Very successful and profitable pizza business established over 15 years and now exclusively for sale by the original Owner. Fantastic business model that is easy to operate with an experienced management team in place creating the possibility of flexible Owner's hours. Great product and simple menu. Lucrative rebate systems in place with primary vendors that would take years to replicate. Super location and lease with two 5 years options to satisfy SBA requirements. Very scalable with significant expansion assets in place to be discussed only with a qualified Buyer. Consistent sales and profitability with virtually no advertising. Strong 2020 COVID numbers. 2021 Owner Benefit projected to be in the $400k+/- range. The Owner supervises the business 40+/- hours per week and does not prep food or assume primary kitchen duties. Clean books and records and Lender Qualified. Loan terms including Buyer's down payment, closing costs, interest rate, etc. to be determined between Lender and Borrower. Prospective interested Buyers will be required to pre-qualify with Lender prior to Seller's consideration of a contractual offer. Any proposed transaction must be closed by September 30th, 2021 to receive Cares Act II SBA 7a incentives including 3-6 months of forgiven payments and waiver of the SBA Guarantee Fee. To receive information on the business including the name, Buyer must sign Seller's required NDA, provide a Personal Financial Statement and Resume or Bio that are reviewed and approved by Seller. This is an excellent opportunity for a qualified Buyer to acquire a streamlined business enterprise with all business systems and procedures in place making this a truly unique, turn-key money-making business venture from day one.

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Property Features and Assets:

SBA LOAN: $796,000. Mos: 120. Rate: 6%. Mo Pmt: $8,837.23. Inventory: $3,000 (Included in the asking price). Lease/Month: $3,447. Square Footage: 1,200. Building Type: Retail Plaza. Terms & Options: 2 Options of 5 years each. Expiration Date: 1/31/2024. Leasehold: $10,000.

Reason for Selling:

Pursuing other interests.

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.

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