MergerPlace

Iconic Pizza & Subs Shop

Maryland (Cecil)


  • Asking Price: $400,000
  • Gross Income: $772,652
  • Cash Flow: $156,363
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $85,000
  • Listing ID: #221212
  • Established: 1974
  • Employees: 5 FT / 10 PT

Business Description

Business was closed for one month in 2020 due to COVID. Sales are back on trend with previous years.

This iconic pizza & sub shop has been in business for over 40 years! It is ready to be turned over to a new owner who can continue the tradition of the best pizza and subs in the area. They have been voted by the Cecil Wig as the best pizza for several years running. Their 4.4-star reviews speak to the quality of their food and service. An opportunity to buy a pizza and sub shop like this one does not come around often in Cecil County.

Note: All Financials disclosed are what is reported on the business's federal tax returns 1120-S. The owner will disclose detailed sales reports to qualified buyers.


Business Details

Primary Business Category: Retail Trade - Beauty Salons, Barber Shops
Location: Maryland
County: Cecil

Company Information

Year Established: 1974
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT / 10 PT

Financial Information

Asking Price: $400,000
Gross Revenue: $772,652
Cash Flow: $156,363
FF&E: $85,000
Seller Financing Available: Yes

Property Information

Facilities:

This business is located in a strip center, anchored by a major retailer.

Growth & expansion opportunities:

To increase sales, a new owner will want to offer delivery or utilize the services of Grub Hub, Order-Up, or Slice to promote the restaurant and bring food to the customer's home. The current owner does not offer delivery. The new owner should build a new website and promote the business on social media.

Competition:

There are four similar businesses within a 10-minute drive from this location.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost Traders, Restaurant, Food Services Facility License, and Sales and Use Tax Licenses are required. The broker can guide the buyer in obtaining these licenses if needed.

Contact Business Seller

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Business Listed By:

Justin Sandridge

Murphy Business Brokers