MergerPlace

24 Year Independent Pizzeria

Cincinnati, Ohio (Hamilton)


  • Asking Price: $395,000
  • Gross Income: $733,000
  • Cash Flow: $180,000
  • Real Estate: Not Disclosed
  • Inventory: $5,500
  • FF&E: $30,000
  • Listing ID: #209677
  • Established: 1994
  • Employees: 15

Business Description

This is a well-managed, successful, and growing pizzeria that the retirement aged seller established 24 years ago. 2017 sales were $733,000 with owner earnings of $180,000 and 2018 sales should exceed $800,000 with increased owner earnings. Since 2013 sales have increased on average 10% each year. A varied menu is offered including pizzas, hoagies, chili, appetizers, salads, and desserts. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
Poised for more growth
Very large delivery area
Long time secret recipes
Excellent school business niche
Almost all carry out and delivery
This model is able to be franchised
All inventory and equipment included
Clean books and records – all numbers are verifiable


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15

Financial Information

Asking Price: $395,000
Gross Revenue: $733,000
Cash Flow: $180,000
EBITDA: $180,000
FF&E: $30,000
Inventory: $5,500
Seller Financing Available: No

Property Information

Facilities:

This is a 1500 square foot facility with seating for 28 so the vast majority of sales are carry out and delivery orders.

Growth & expansion opportunities:

Expanding the marketing procedures in place along with tweaking the menu items should produce more sales.

Competition:

As everyone knows the pizza industry is very competitive, but this pizzeria “owns” the town.

Reason for selling:

The seller is of retirement age and has some serious health issues.

Support & Training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Dan Long

Cincinnati Business Brokers