Summary of Business
Busy take-out Pizza shop with good food and a great reputation. Open 6 days per week. 80% of the sales are take out and 20% delivery. The seller does not work in the business. Help Run Business. The wife works part-time and is on the above payroll for $500 per week. Needs a hands-on owner who will bring payroll into the industry norm. The current payroll is 45% of sales including payroll tax. Almost double the norm for take-out Pizza. Good looking store in a densely populated area. A new engaged Owner will enjoy a brisk business and earn a nice income as this business already has strong sales. Excellent equipment. Walk-in Cooler, Lincoln XLT double conveyor Pizza Oven. 2 hoods, 60 Quart Hobart mixer, and more. The buyer can use the business name and logo at this location only.
The seller will carry a $100,000 note. Terms to be negotiated.
Reason for Sale: Other Interests
Asking Price1 : $350,000
Inventory : $5,000