Asking Price: $680,000

Gross Revenue: $931,000

Cash Flow: $100,000

Inventory: $15,000 (Not Included in Asking Price)

FF&E: $150,000 (Included in Asking Price)

Real Estate: $325,000 (Included in Asking Price)

Seller Financing: none

This business was started by the seller in 1970. Both he and his wife have been working the business successfully ever since.

They have a high quality pizza with all of the other side dishes, chicken wings, ribs, salads, and pasta’s.

There are 8 full time employees that includes the owners. There are 4 drivers, 3 drivers are full time and are included with the above full time and one is part time. The drivers get paid $6.85 per hour and they get the delivery charge minus .50.

There are two buildings on this lot. One is the business pizza shop and the other is a double two bedroom up and two bedroom down. The business is housed in a free standing building that has 2,100 sq. ft.. There is seating for 50. The fair market rent for this should be between $1,500.00 to $2,000.00 per month. Included in this sale are both buildings. The rent for the double should be $650.00 per month each. The seller has his son in one unit and the other is occupied by an employee. After a sale takes place the new owner can rent those out for fair market value. The taxes are $2,049.40 for ½ year.

They are open 7 days a week. The hours of operation are Sunday thru Thursday 12:00 PM to 1:00 AM, Friday and Saturday 12:00 PM to 2:30 AM.

Year Established: 1970

Employees: 8 full time - 3 part time

Market Outlook and Competition: After 37 years in business, their phone is ringing constantly. The buyer must keep the name in front of the consumer.

Management Training and Support: The owner is willing to stay on for the transition for one month at 40 hours per week. If the buyer needs additional time he will stay at a nominal salary. He wants to retire.

Reason For Selling: Retiring and wife is very sick.