Profitable! Award Winning! Pizzeria For Sale

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Background

BizEx ID:BizEx1031-TM
General Location:West Los Angeles, CA
Category: Restaurant
Years in Business:9
Under Present Owner:9
Hours of Operation:Mon-Sun 11am-9pm
Owner Hours:20
Training:2 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:April 30, 2022
Lease Options:None
Building Size:1400
Employees:8
Reason for Sale:Retirement

Financials

Asking Price:$240,000
Down Payment:Negotiable
Gross Sales:$1,040,508
Discretionary Cash Flow:$92,422
FF&E:$114,000
Inventory Included?Yes
Inventory:$2,000
Min. Operating Capital:$30,000
Real Estate Available?No
Rent:$6,400
Payroll:$27,500

2014 2015 2016
Gross Sales $ 1,006,168 $ 1,009,795 $ 1,040,508
Gross Profit $ 675,793 $ 689,408 $ 723,907
Disc. Earnings $ 142,625 $ 136,162 $ 114,675

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations