Listing Number: 76931-529908
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 not only performed well but thrived through the historic Covid-19 pandemic! With low rent and high revenues, a new owner-operator can generate a seller’s discretionary earnings of over $80,000+ (based on 2020 financials). For an operator seeking passive ownership, this operation can be easily situated to run absentee. Business is located in Spring, 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. 2021 sales revenues were $446,670.00.
- Price: $ 200,000
- Down Payment: $185,000
- Sellers Discretionary Earnings: $ 83,680
- Total Sales: $ 450,070
- Location: Harris County, Texas
- Inventory: $ 1,500
- FF&E: $ 32,000
- Employees: 6
- Reason for Selling: Pursuing other opportunities
- Category: Restaurants