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General Business Information
Listing ID:
4110-00276
Listing Type:
Exclusive Right of Sale
Price:
$99,000
Down Payment:
$99,000
Category:
Restaurants
Subcategory:
Pizza Shop
County:
Orange
State/Prov:
Florida
Country:
United States
Sales:
$628,053
SDE:
$57,749
Description of Business
A New York Style Pizzeria franchise that was established over 30 years ago offering pizzas, hoagies, calzones and Italian staples. The atmosphere is fresh, clean and inviting, lending to a 4.3 Star Rating from more than 500 Google Reviews.
This award-winning pizza shop is located in an extremely busy shopping plaza with a major chain brand store as the anchor store for the plaza. Located near a major hospital, highway, apartments and residential communities ensures there is no shortage in the opportunity to generate mass revenue as evidenced in the current financials. Service options include dine-in with seating for around 40 guests, curbside pick up, take-out and no contact delivery. The business sees approximately 70% of their revenue from to-go & delivery; with 30% from dine in service.
Listing Details
Location:
Located in a busy shopping center in Central Florida.
Organization Type:
Sub-S Corporation
Hours of Operation:
Mon-Fri 11am-10pm; Saturday 11am-11pm; Sunday 12pm-10pm
Years Established:
2007
Years Owned:
15
Employees FT:
6
Employees PT:
6
Managers:
1
Amount of Hours Owner Works:
25
Is Relocatable:
Yes
Is Home Based:
No
Is a Franchise:
Yes
Is Lender Pre Qualified:
No
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
2022
$628,053
$195,632
$432,421
$433,872
$-1,451
$15,000
$0
$0
$0
$44,200
$57,749
2021
$646,848
$224,794
$422,054
$421,924
$130
$42,512
$0
$0
$0
$40,000
$82,642
2020
$584,368
$201,010
$383,358
$380,153
$3,205
$42,488
$0
$0
$0
$40,000
$85,693
Assets Included in Sale
Leasehold Improvements:
$148,852 Included
FF+E:
$65,000 Included
Inventory:
$8,000 Included
Total Assets Included:
$221,852
Lease Information
Monthly Rent:
$4,300
Expiration Date:
2027-01-01
Square Footage:
1,250
Terms and Options:
Negotiable
Building Type:
Shopping Center
Summary
Reason for Sale:
Moving
Training and Support:
2 Weeks Training
Non Compete:
5 miles for 3 years.
Owner Qualifications:
Restaurant experience recommended.
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00276
Listing Type: Exclusive Right of Sale
Price: $99,000
Down Payment: $99,000
Category: Restaurants
Subcategory: Pizza Shop
County: Orange
State/Prov: Florida
Country: United States
Sales: $628,053
SDE: $57,749
Description of Business
A New York Style Pizzeria franchise that was established over 30 years ago offering pizzas, hoagies, calzones and Italian staples. The atmosphere is fresh, clean and inviting, lending to a 4.3 Star Rating from more than 500 Google Reviews.
This award-winning pizza shop is located in an extremely busy shopping plaza with a major chain brand store as the anchor store for the plaza. Located near a major hospital, highway, apartments and residential communities ensures there is no shortage in the opportunity to generate mass revenue as evidenced in the current financials. Service options include dine-in with seating for around 40 guests, curbside pick up, take-out and no contact delivery. The business sees approximately 70% of their revenue from to-go & delivery; with 30% from dine in service.
Listing Details
Location: Located in a busy shopping center in Central Florida.
Organization Type: Sub-S Corporation
Hours of Operation: Mon-Fri 11am-10pm; Saturday 11am-11pm; Sunday 12pm-10pm
Years Established: 2007
Years Owned: 15
Employees FT: 6
Employees PT: 6
Managers: 1
Amount of Hours Owner Works: 25
Is Relocatable: Yes
Is Home Based: No
Is a Franchise: Yes
Is Lender Pre Qualified: No
Financial Information
INCOME PERIOD, Year: 2022
GROSS SALES: $628,053
– Costs of Goods Sold: $195,632
= Gross Profit: $432,421
– Total Expenses: $433,872
= Net Before Taxes: $-1,451
ADD BACKS
+ Owner(s) Salary: $15,000
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $0
+ Other : $44,200
TOTAL OWNER BENEFIT: $57,749
INCOME PERIOD, Year: 2021
GROSS SALES: $646,848
– Costs of Goods Sold: $224,794
= Gross Profit: $422,054
– Total Expenses: $421,924
= Net Before Taxes: $130
ADD BACKS
+ Owner(s) Salary: $42,512
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $0
+ Other : $40,000
TOTAL OWNER BENEFIT: $82,642
INCOME PERIOD, Year: 2020
GROSS SALES: $584,368
– Costs of Goods Sold: $201,010
= Gross Profit: $383,358
– Total Expenses: $380,153
= Net Before Taxes: $3,205
ADD BACKS
+ Owner(s) Salary: $42,488
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $0
+ Other : $40,000
TOTAL OWNER BENEFIT: $85,693
Assets Included in Sale
Inventory: $8,000 Included
FF+E: $65,000 Included
Leasehold Improvements: $148,852 Included
Total Assets Included: $221,852
Lease Information
Monthly Rent: $4,300
Expiration Date: 2027-01-01
Square Footage: 1,250
Terms and Options: Negotiable
Building Type: Shopping Center
Summary
Reason for Sale: Moving
Training and Support: 2 Weeks Training
Non Compete: 5 miles for 3 years.
Owner Qualifications: Restaurant experience recommended.
LISTING BROKER