New York Style Pizzeria Franchise in Central Florida

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

Nick Arnheim

Nick Arnheim
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.