Summary
- Asking price:
- $550,000
- Sales revenue:
- $764,477
- Cash flow:
- 0 - $250k
- Years established:
- 1970
- Employees:
- 16
Business description
This is a well-established pizza company having been in business for forty years. There are currently two locations in NE Ohio. Primarily a take-out service, they also provide catering services for events and functions.
Property information
- Real Estate:
- Lease
- Location:
- Both stores are in Mahoning County. The original store is situated on one of the busiest intersections in the county. The second is in a quieter location but very attractive and very close to newer residential and commercial properties. This area is considered prime and high rent. Both stores enjoy high visibility.
- Premises details:
- Two locations. Both are in leased, booming, growing plaza locations surrounded by residential and commercial properties.
Other information
- Expansion potential:
- There is tremendous potential. Delivery service from the second location would certainly help this location. Increased menu offerings would also attract clients. Some of the current kitchen renovations are already heading the business in that direction. An innovative long-term plan could by example, feature a pizza self-assembly line and more.
- Competition / Market:
- This is a take-out business competing with any other in the nearby vicinity; however, having been around since 1970, they have the advantage of location, name, and product reputation as a very strong draw for pulling traffic through the doors.
- Support & training:
- The current owner and full-time staff would be available for support and training in order to maintain consistency and quality of product that has built the company profit level, its name recognition, and following.
- Reasons for selling:
- Retirement and relocation out of the area nearer to family.
- Trading hours:
- 10:a.m. - 11:p.m./7dys
Contact the seller
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