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Business For Sale 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
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