Extremely Popular Pizzeria
www.GlobalBX.com
Listing ID:
700335422
Listing Title:
Extremely Popular Pizzeria
Quick Link:
http://www.globalbx.com/listing.asp?bId=335422
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
United States
State / Province:
Alaska
Area
City:
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$3,223,194
Cash Flow:
$468,726
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2018
Number of Employees:
50 - 99
Business Description:
Very busy & extremely popular (lines out the door) pizzeria with over 35 different beers on tap, located in the Municipality of Anchorage. This restaurant has been established for over 35 years and is a local's favorite and a destination eatery drawing loyal diners from miles away. Featuring the flavors of Italy, it offers numerous styles of pizzas, subs, spaghetti & meatballs all of which is made fresh every day with fresh ingredients. The restaurant has ample banquet rooms hosting dozens of events weekly. Reasonably priced, family friendly, and veritable cash cow. 35% of sales are delivery orders.
Gross Receipts $3,480,131 Net Income $200,109
Seller Discretionary Earnings (SDE) $468,726.
This pizzeria is a definite candidate for expansion and/or franchising. On a typical SBA note, the buyer would need to put 20% down in the form of an investor cash injection. The total time to recapture investor cash injection is slightly more than six months based on cash flows.
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