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Asking Price: $405,000

Passive Ownership at Pizza Restaurant

Not Disclosed, CT
Windham County

The owner is passive with 3 managers on staff at this pizza restaurant! With nearly $1M in revenue and 90% of sales being takeout and self-performed delivery, this homemade pizza joint includes over $150,000 in assets upon its purchase! Located in Northeastern Connecticut, this restaurant serves pizza 50% through takeout and drive-through, 40% through delivery, and the other 10% through dine-in and catering. It is the only pizza joint in its market that offers a drive-through option. The company was established as a small take-out pizza shop in 1986 by the current owner’s father; the owner opened this location in 2009. Because of the long history in the community, this restaurant has a strong brand presence, being a long-term staple in the area. There are 20 qualified and reliable personnel in place with 3 being full-time and 17 being part-time. The full-time manager, assistant manager, and shift supervisor take care of the daily activities, allowing the owner to only handle general oversight. Due to COVID-19, the pizza joint had to close for two weeks. But even so, the sales are up from last year given that dine-in was only 10% of sales before COVID-19. With an expansion in catering and alcohol sales, this restaurant would see continued growth. Priced at $405,000, a 15% down payment of $60,750 returns $95,450 in the first year after debt payments, which is a 157% return on investment.

Cash Flow $146,810
Revenue $983,927
$ Owner Financing Available

Asking Price: $2,650,000

High-End Eatery – Passive Ownership

Mechanicsburg, PA
Not disclosed

This high-end eatery is selling on a low multiple of 2.1 and the financing for this purchase has already been approved with the bank loan making up 75% of purchase as shown in our listed funding example! This business offers the buyer an opportunity for passive ownership thanks to their excellent staff and management which consists of 30 servers, 18 kitchen staff, 1 General Manager; and 1 Kitchen Manager. This restaurant comes with over $1M in assets including an exclusive liquor license valued at $500K as Cumberland County has limited licenses – making this a closed market that won’t get oversaturated. Their posh place has 5,000 square feet and a capacity to host 100 customers indoors with additional covered booth seating available outside. With over $5M in revenue and cash flow over $808,000 in 2021, they are able to maintain a 3–4-week reservation wait list for Friday and Saturday nights. They have also been getting frequent requests to make Sunday brunch available, which would be an excellent growth opportunity. Their client base is drawn to the varied menu including elevated and delicious classics like Italian pasta, prime rib, salmon, fried calamari, seared scallops, and mussels. The COVID-19 pandemic forced the restaurant to close from mid-March through April, but they quickly bounced back with the introduction of curbside pickup (which is still readily available and utilized) and were back to full capacity in 2021. The current owner provides general oversight, but this is a preference and could be easily phased out as they have two full time managers. With an established website but minimal online marketing, a significant and cost-efficient growth opportunity exists for new ownership. Priced at $2,650,000, the restaurant is primed to continue its current growth pattern far beyond 2021 with gross sales in 2022 annualizing over $5.4M! The current owner has offered to finance 12.5% of the purchase to show her faith in the business’s continued success after the purchase.

Cash Flow $1,276,251
Revenue $5,488,047
$ Owner Financing Available

Asking Price: $599,000

Two Dairy Queens in Metro-Birmingham, AL!

Clay, AL
Jefferson County

Seller has spent over $65,000 PER STORE to remodel! Buyer gets the benefit of coming in with no extra headache or money needed to remodel!Either location can be sold together or separately!Birmingham, AL Location Details:100% Absentee-Owned! SBA Qualified! Remodeling Complete!Yearly Sales are over $790,000! Payroll is over $165,000! Rent is $6,800 NNN per month with two 5-year renewal options remaining!The average daily traffic count is 39,460! Adjacent to a shopping center. Residential areas are less than 2 miles away!Near a Country Club! 6 miles from Community College with over 8,900 students! 5 mins from a high school with over 1500 students! 10 mins from two medical centers.Asking Price for the Birmingham, AL business-only location: $499,000!---Clay, AL Location Details:100% Absentee-Owned! SBA Qualified! Remodeling Complete!Yearly Sales are over $700,000! Payroll is nearly $150,000! Rent is only $2,800 NNN per month with two 5-year renewal options remaining! The rent includes the water expense! Average daily traffic count is 11,320!Near a medical center! Less than 2 mins from an elementary school with over 500 students! Less than a mile away from a high school and middle school with over 2,000 students!Asking Price for the Clay, AL business-only location: $599,000!If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Cash Flow Not Disclosed
Revenue Not Disclosed

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