Seller's Contact Information
- RE: Delicious Pizza Restaurant In Humble
- Contact: Quoc Pham
Quick Facts
| Asking Price: | $195,000 | |
| Annual Revenue: | $416,061 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $69,283 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 33,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 6 | |
| BBN Listing #: | 784944107 | |
| Broker Reference #: | 76931-280289 |
Business Overview:
Looking for a business that did not suffer during the pandemic? Well look no more! Here is an opportunity for you to acquire a pizza business that only performed well but thrived through the historic Covid-19 pandemic! With low rent and high revenues, a new owner operator can generate seller’s discretionary earnings of $70,000 (based on 2020 and 2021 sales). For an operator seeking passive ownership, this operation can be easily situated to run absentee. Business is located in Humble, TX. This location is very spacious a separate room that can be utilized for parties of any occasion or converted as a small dining hall. Significant opportunities exist for a new buyer to add alcohol and promote more dine-in services. With the current operations, nearly 60% of orders are delivery and/or take-out leaving significant potential for growth with dine-in options. Two weeks of training will be provided for the new buyers. The owners want to ensure the new buyer is successful and are willing to extend transition time if necessary. Compensation will be negotiated if more than two weeks of training are needed.
Sellers are prepared to finance up to 20% of the deal to a qualified buyer. 2020 sales were $416,061 and 2021 sales were $437,809.
This business was established with an experienced family team consisting of an uncle and his nephew. The uncle and nephew took a decade’s worth of knowledge and experience from operating different pizza restaurants, including franchises and built this business with a focus on great customer service and quality food with a family vibe. Every customer is greeted and treated like family. This location was established in 2017 and is serving the Humble area. Business has done well since day 1.
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Reason for Selling:
Other opportunity.
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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