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business valuation Pizzeria and Sub Shop Near Coastal North Carolina



Onslow County, North Carolina 28540
Financials

Asking Price: $99,000

Revenue: $482,902

Cash Flow: $59,175

Description
Summary Description

Here is your opportunity to live in North Carolina, not far from popular coastal towns, and own an award winning pizzeria and sub shop. Other menu choices include Italian food favorites, making this pizzeria and sub shop appreciated by many. Opened in 2006 and operated as a Mom & Pop shop, which means you are not paying any franchisee fees, sales have increased dramatically each year, and 2010 sales are up again. Food items and service have been voted as the best in the area. The sellers have put together a smooth and efficient running operation just ready for someone to step in and take over.

General Information

Facilities: At 1,875 sq. ft. and seating 24 people, this facility is in a shopping area that is undergoing extensive upgrades. A major national retailer has purchased the shopping area, plans major renovations, and the retailer will attract a large number of people, creating a brand new and healthy traffic pattern. As the saying goes, location, location, locataion! The sellers made some upgrades to their interior facility in November 2009.
Competition: Located in a shopping area with major improvements soon to be completed, this business is in a sweet spot. Everyone loves pizza, subs and Italian food, and word is still gettiing out about this popular spot.

Support/Training: Seller will train.

Financing: Only $50,000 cash and the keys are yours!

Year Established: 2006

Employees: 20

  



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