Carryout And Delivery Pizzeria
Location:
United States
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Illinois
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Naperville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Net to owner / operator: $126,000 / year. Original owner. Established 1995. 12+ very successful years in beautiful strip mall in Naperville. Established and loyal customers (23,000 + customer database).
Why invest more into a franchise and pay upwards of 10% OR MORE in royalties? This is an ESTABLISHED, 12 YEAR OLD BUSINESS, with CURRENT RESIDENTIAL CUSTOMERS, with a niche market of BUSINESS CATERING.. ADDING UP TO GREAT CASH FLOW!
Food costs stable at 22.0%. State-of-the-art equipment / turnkey operation. Fully computerized. Net $126,000 in 2007, and trending over $130,000 this year. I work the business every day. If you want to hire a manager, it will cut into your margins. Currently on the third 5-year option of triple-net lease (rent/cam/insurance/taxes).
3 OPTIONS:
OPTION #1: Outright purchase. Your $249,999 investment will provide you with a $130k/year net income.
OPTION #2: I have a buyer who wishes to purchase half of the restaurant ($125k) and is LOOKING FOR A PARTNER. He doesn't wish to be involved in the day-to-day operations. You'd be responsible for running the restaurant and paid a salary of $50k/year. The balance of the profits ($80k) would be split. He has toured the restaurant and is excited about investing $125,000 and making an annual return of $40k (33% return). You would make $90k. Your $125k investment would net you $90k/year.
OPTION #3: The buyer from Option #2 would consider purchasing
the entire restaurant ($249,999) but only upon finding a trustworthy manager to run it. This person would be paid a salary ($50k), with the balance of the profits ($80k) going to the investor.
SERIOUS INQUIRIES ONLY. NO BROKERS. PLEASE BE FINANCIALLY ABLE TO PURCHASE OUTRIGHT, OR THRU A LENDER. IF YOU DON'T HAVE THE FUNDS, OR AREN'T CREDIT-WORTHY THEN THERE'S NO REASON TO WASTE EITHER ONE OF OUR TIME. THANKS. ASKING PRICE IS FIRM AND NOT NEGOTIABLE. Confidentiality agreement required. Email or call 630-802-6100.
Financials
Asking Price Range: < $250K
Gross Revenues:
$208,000
Cash Flow:
$130,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $100,000
Seller Financing: No
About The Business
Year Established: 1995
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Upon request.
Reason For Selling: Family illness.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70089482
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