Local Favorite Pizza Place In Business 30 Years

General Business Information

Listing ID:

4110-00248

Listing Type:

Exclusive Right of Sale

Price:

$275,000

Down Payment:

$275,000

Category:

Restaurants

County:

Orange

State/Prov:

Florida

Country:

United States

Sales:

$725,327

SDE:

$94,266

Description of Business

For over 30 years, this “Mom and Pop” style pizza & sub shop has been a community staple in Central Florida serving the best in Italian comfort foods and desserts; and they are famous locally for their extensive vegan menu.
Sales have increased year over year, with 2021 being a banner year, fueled by a combination of dine in, delivery and take out service. The restaurant has 198 Yelp reviews averaging a 4.5 Star Rating and a strong online presence, including social media platforms such as Instagram, to help drive sales.

Listing Details

Location:

Extremely high traffic area east of Orlando.

Organization Type:

Full Corporate

Hours of Operation:

Fri-Sat: 11am-10pm; Tues-Thurs: 11am-9pm; Sun: 12pm-9pm

Years Established:

1989

Years Owned:

33

Employees FT:

10

Employees PT:

0

Managers:

1

Amount of Hours Owner Works:

65

Is Relocatable:

Yes

Is Home Based:

No

Is a Franchise:

No

Is Lender Pre Qualified:

No

May Qualify for a Visa:

Yes

Financial Information
INCOME PERIOD, Year
GROSS SALES

– Costs of Goods Sold

= Gross Profit

– Total Expenses

= Net Before Taxes
ADD BACKS

+ Owner(s) Salary

+ Benefits

+ Interest Expense

+ Depreciation

+ Other
TOTAL OWNER BENEFIT
2021
$725,327

$471,463

$253,864

$217,598

$36,266
$58,000

$0

$0

$0

$0
$94,266
2020
$491,903

$321,242

$170,661

$146,991

$23,670
$43,500

$0

$0

$2,326

$0
$69,496
2019
$429,693

$302,793

$126,900

$131,937

$-5,037
$30,000

$0

$0

$8,705

$0
$33,668
Assets Included in Sale

Leasehold Improvements:

$20,000 Included

FF+E:

$50,000 Included

Inventory:

$5,000 Included

Total Assets Included:

$75,000

Lease Information

Monthly Rent:

$2,035

Expiration Date:

2025-01-31

Square Footage:

1,200

Terms and Options:

Negotiable

Building Type:

Shopping Center

Summary

Reason for Sale:

Retirement

Training and Support:

Two weeks at no cost to buyer.

Non Compete:

Five miles for 3 years.

Owner Qualifications:

Restaurant Experience

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Nick Arnheim

Nick Arnheim
General Business Information

Listing ID: 4110-00248

Listing Type: Exclusive Right of Sale

Price: $275,000

Down Payment: $275,000

Category: Restaurants

County: Orange

State/Prov: Florida

Country: United States

Sales: $725,327

SDE: $94,266

Description of Business

For over 30 years, this “Mom and Pop” style pizza & sub shop has been a community staple in Central Florida serving the best in Italian comfort foods and desserts; and they are famous locally for their extensive vegan menu.
Sales have increased year over year, with 2021 being a banner year, fueled by a combination of dine in, delivery and take out service. The restaurant has 198 Yelp reviews averaging a 4.5 Star Rating and a strong online presence, including social media platforms such as Instagram, to help drive sales.

Listing Details

Location: Extremely high traffic area east of Orlando.

Organization Type: Full Corporate

Hours of Operation: Fri-Sat: 11am-10pm; Tues-Thurs: 11am-9pm; Sun: 12pm-9pm

Years Established: 1989

Years Owned: 33

Employees FT: 10

Employees PT: 0

Managers: 1

Amount of Hours Owner Works: 65

Is Relocatable: Yes

Is Home Based: No

Is a Franchise: No

Is Lender Pre Qualified: No

May Qualify for a Visa: Yes

Financial Information
INCOME PERIOD, Year: 2021


GROSS SALES: $725,327

– Costs of Goods Sold: $471,463

= Gross Profit: $253,864

– Total Expenses: $217,598

= Net Before Taxes: $36,266



ADD BACKS

+ Owner(s) Salary: $58,000

+ Benefits: $0

+ Interest Expense: $0

+ Depreciation: $0

+ Other : $0



TOTAL OWNER BENEFIT: $94,266

INCOME PERIOD, Year: 2020


GROSS SALES: $491,903

– Costs of Goods Sold: $321,242

= Gross Profit: $170,661

– Total Expenses: $146,991

= Net Before Taxes: $23,670



ADD BACKS

+ Owner(s) Salary: $43,500

+ Benefits: $0

+ Interest Expense: $0

+ Depreciation: $2,326

+ Other : $0



TOTAL OWNER BENEFIT: $69,496

INCOME PERIOD, Year: 2019


GROSS SALES: $429,693

– Costs of Goods Sold: $302,793

= Gross Profit: $126,900

– Total Expenses: $131,937

= Net Before Taxes: $-5,037



ADD BACKS

+ Owner(s) Salary: $30,000

+ Benefits: $0

+ Interest Expense: $0

+ Depreciation: $8,705

+ Other : $0



TOTAL OWNER BENEFIT: $33,668

Assets Included in Sale

Inventory: $5,000 Included

FF+E: $50,000 Included

Leasehold Improvements: $20,000 Included

Total Assets Included: $75,000

Lease Information

Monthly Rent: $2,035

Expiration Date: 2025-01-31

Square Footage: 1,200

Terms and Options:

Negotiable

Building Type: Shopping Center

Summary

Reason for Sale:

Retirement

Training and Support:

Two weeks at no cost to buyer.

Non Compete: Five miles for 3 years.

Owner Qualifications:

Restaurant Experience