Delivery Carry Out Pizza Business – Cash Flows

Location: United States -> North Dakota -> Wahpeton
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale  Summary

Started in November of 2007. Wahpetons only independent pizza restaurant. Delivery, Carry Out and Take & Bake. Pizza, Wings, Bread sticks and Soda. Great Opportunity for owner operator or absentee owner. Very easy to learn / manage.

Leased space includes $8500 in leasehold improvements. Equipment book value of $30,000 / fair value of $40,000 plus. Cash on hand of $7K-$10K average (after accounts payable). Goodwill include website, start-up expenses and cash flow.

Business Cash Flow: Quarter 1 2007 discretionary cash flow $2,700 plus officer’s monthly salary of $2000.

Newer Equipment: Walk-in Cooler – New, Cold Prep Table – 1 year old, Freezer (Compressor) – 2.5 years old, Touch Screen Point of Sale with Aldello / CC Processing, Blodgett Double Stack Conveyor Oven – Excellent Condition, In-Vent Hood System with Supply Dampener, Anets Automatic Dough Sheeter
Pizza Slice Warmer.

Strong Customer Base. After six months of operation the customer base is growing, especially the large orders for businesses and catering events. Specialty Pizzas are the best in the area and create loyal customers. Value priced with room for increases based on competitive analysis.

Website: Quality traffic with 200 customers in a database with email newsletter ability to drive sales. Coupons and specials online and easy to change/upload new information.

Stock Sale with 4.5 years of depreciation left. Would consider asset sale with price negotiable. Email or contact Jeremy at 701-541-4335 or 701-642-2078 for more information on this Delivery Carry Out Pizza business for sale.

Financials

Asking Price Range:  < $250K
Gross Revenues:   $215,000
Cash Flow:   $20,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $50,000
Seller Financing:  No

About The Business

Year Established:  2007
Number of Employees:  6 – 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Up to 3 months.
Reason For Selling:  Owners health.