Family Pizzeria ~ Year-over-Year Growth
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Background
| BizEx ID: | BizEx1225-TM |
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| General Location: | Westchester, CA |
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| Category: |
Restaurants
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| Years in Business: | 15+ |
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| Under Present Owner: | 2 (same family) |
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| Hours of Operation: | Mon. thru Sun. 11am - 9pm |
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| Owner Hours: | 40 |
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| Training: | 2 weeks @ 20 hours |
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| Organization Type: | S-Corp |
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| Lease Expiration: | 04/2024 |
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| Lease Options: | (2) 5 yr. Options |
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| Building Size: | 1500 sqft. |
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| Employees: | 7 |
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| Reason for Sale: | Other Family Commitments |
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Financials
| Asking Price: | $320,000 |
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| Down Payment: | $32,000 |
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| Gross Sales: | $639,766 |
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| Discretionary Cash Flow: | $147,128 |
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| FF&E: | TBD |
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| Inventory Included? | Yes |
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| Inventory: | $2,500 |
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| Min. Operating Capital: | $8,000 |
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| Real Estate Available? | No |
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| Rent: | $4,624 |
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| Financing: | SBA |
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|
2016 | 2017 |
| Gross Sales |
$ 543,901 | $ 639,766 |
| Gross Profit |
$ 334,510 | $ 393,398 |
| Disc. Earnings |
$ 30,655 | $ 115,385 |
