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Listing #S68517

Highly Profitable NY Pizza Baby for sale

Great location between Tampa and Orlando

Jump into a promising new franchise concept! Since its grand opening in July of 2005, this well-run business has grown rapidly. It is the original NY Pizza Baby, run by the chain's founder who is selling so he can focus on further developing the franchise. Don't miss this opportunity to purchase a successful business ideally located between world-class beaches on the both coasts and all the attractions that Orlando has to offer. A full business summary including photos, financials and a virtual tour is available upon request.
Primary Business Category: Restaurants, Bars & Other Food Services (SIC 58, NAICS 722)
Location: Florida
Metropolitan Area: Lake Wales, Central FL
Listed by: An Intermediary
 

Financial Information

Gross Revenue: $462,076 Asking Price: $375,000
Current Year Projected Revenue: Not Disclosed FF & E (included): $150,000
EBITDA: $137,650 Inventory (included): Not Disclosed
Current Year Projected EBITDA: Not Disclosed Real Estate (included): Not Disclosed
Profitable: Yes Transaction Sought: Asset
Business Type: LLC Payment Requested: Negotiable
Financials: Compiled Seller Financing Available: No
 

Company Information

Year Established: 2005 Home Based: No
Number of Employees: Less than 5 Franchise: Yes
Management: Available to Stay Distressed: No
Non Compete Agreement: Available Relocatable: No
Reason for Sale: Owner will further develop the franchise
Fiscal Year End: June
Ownership: Private

Key Employees

4 F/T and 1 P/T willing to stay on

Facilities

The 1400 SF space sits in a busy Publix shopping center offering great visibility and strong traffic flow on rapidly growing thoroughfare. It rents for $3,329/mo.

Market Share

A new owner could boost store profits by working full-time and reducing labor costs and waste and further expanding the delivery service. NY Pizza Baby corporate recently hired a former Papa John s executive to help them expand and promote the chain s delivery program. The results so far have been very encouraging. There s also room for growth in catering and merchandising. Gross sales came in at $462,076 for the first full year, with Owner s Benefit at $137,650 (after deducting 11% for royalties and advertising that new owner will pay).

Competition

This NY Pizza Baby s nearest competition is a Domino s 3 miles away and another NY Pizza Baby 4 miles away. Given the rapid growth of the area, however, this Pizza Baby s sales look to remain strong.

Seller Information

David Campbell
Franchise Capital Group