Family Pizzeria ~ Year-over-Year Growth

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Background

BizEx ID:BizEx1225-TM
General Location:Westchester, CA
Category: Restaurants
Years in Business:15+
Under Present Owner:2 (same family)
Hours of Operation:Mon. thru Sun. 11am - 9pm
Owner Hours:40
Training:2 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:04/2024
Lease Options:(2) 5 yr. Options
Building Size:1500 sqft.
Employees:7
Reason for Sale:Other Family Commitments

Financials

Asking Price:$320,000
Down Payment:$32,000
Gross Sales:$639,766
Discretionary Cash Flow:$147,128
FF&E:TBD
Inventory Included?Yes
Inventory:$2,500
Min. Operating Capital:$8,000
Real Estate Available?No
Rent:$4,624
Financing:SBA

2016 2017
Gross Sales $ 543,901 $ 639,766
Gross Profit $ 334,510 $ 393,398
Disc. Earnings $ 30,655 $ 115,385




Tony Miller
M&A Advisor
4551 Glencoe Ave. #210
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 143
Direct: (310) 801-0512
Lic#: 02004232

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