No photo available
Details - Information last confirmed on October 5, 2020
Looking for a business that did not suffer during the pandemic? Well, look no more! Here is an opportunity for you to acquire a pizza business that only performed well but thrived through the historic Covid-19 pandemic! With low rent and high revenues, a new owner-operator can generate a seller’s discretionary earnings of over $70,000+ (based on 2019 financials). For an operator seeking passive ownership, this operation can be easily situated to run absentee. Business is located in Spring, TX. This location is very spacious a separate room that can be utilized for parties of any occasion or converted as a small dining hall. Significant opportunities exist for a new buyer to add alcohol and promote more dine-in services. With the current operations, nearly 60% of orders are delivery and/or take-out leaving significant potential for growth with dine-in options. Two weeks of training will be provided for the new buyers. The owners want to ensure the new buyer is successful and are willing to extend transition time if necessary. Compensation will be negotiated if more than two weeks of training are needed.
Sellers are prepared to finance up to 20% of the deal to a qualified buyer. 2020 financials available soon.
This business was established with an experienced family team consisting of an uncle and his nephew. The uncle and nephew took a decade’s worth of knowledge and experience from operating different pizza restaurants, including franchises and built this business with a focus on great customer service and quality food with a family vibe. Every customer is greeted and treated like family. This location was established in 2016 and is serving the Spring area. Business has done well since day 1.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.