Pizza Carry Out And Delivery In East Suburb For Sale

Business description

Marketing Strategy: The buyer will be buying the assets of the business. They will not be buying the franchise. They will have to change the name of the business but will be able to keep the phone number. The existing customers will keep calling that number and will keep coming.
This is a densely packed community with many homes. With a decent customer base. A vigilant owner can continue to build the business.

Competition: Pizza is the type of business that has a lot of competition. It is a coupon driven business. Pizza Hut and Domino’s are in this community. As long as the business man that owns this understands that he must dedicate 5% of the gross sales to advertising, he will do OK.

Franchise terms

This is an asset sale. Not being sold as a franchise.

Property information

Premises details:

Lease: The square footage is 975 sq. ft.. Lease is good thru April of 2014. The rent is $2,042.00 per month. The rent is 6% of the gross. 6% is the ideal number for the food business.

Other information

Expansion potential:

In 2010 the cost of goods was 39%. The maximum the cost of goods should be is 35%. That adds $16,000.00 to the bottom line.

The labor was 30% of the gross. Labor should not exceed 25% of the gross. That is another $20,000.00 at the bottom line. On $400,000.00 in gross sales, the owner should be taking home a minimum of $80,000.00, assuming he has good management ability.

Competition / Market:

Competition: Pizza is the type of business that has a lot of competition. It is a coupon driven business. Pizza Hut and Domino’s are in this community. As long as the business man that owns this understands that he must dedicate 5% of the gross sales to advertising, he will do OK.

Support & training:

Negotiable

Reasons for selling:

Retiring

Trading hours:

Days & Hours: They are open 7 days a week. Monday thru Thursday the hours are 11:00 AM to 10:00 PM, Friday and Saturday they are open from 11:00 Am to 12:00 PM, and on Sunday open from 12:00 PM to 8:00 PM

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

With $40,000 down the seller will finance $50,000.00

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$5,000