Retail - Other Food Stores | Mfg. - Food and Kindred Products

Asking Price	$350,000	Inventory	$15,000*
Gross Income	$743,373	Real Estate
Cash Flow	$220,312	Year Established	1996
FF&E	N/A	Employees	5 f/t 14 p/t

* included in the asking price

** not included in the asking price

An independently owned and well established, high volume pizza restaurant with a great location in a growing community. The restaurant has been in operation for over 12 years and has seating for approximately 30 dine-in ustomers. Italian Taxi does a very large carry-out and delivery business that accounts for approximately 50% of the business revenue. The sale of this business includes a small but growing wholesale pizza manufacturing and distribution business with lots of upside potential. The wholesale business was started about 4 years ago and provides frozen pizzas to a grocery store, bowling alley, private school and skating rink. Besides wholesale delivery, the frozen pizza business has a TAKE-N-BAKE product for retail.

Facilities: The business operates from one location and occupies approximately 2,500 square feet with seating for 30 plus. The monthly lease expense is $2,300 and the lease expires in 2011.

Competition: This is independently owned /well established, high volume pizza restaurant & has been in operation for over 12 years. This business does a very large carry-out and delivery business that accounts for approximately 50% of the revenue. The sale includes a small but growing wholesale pizza manufacturing and distribution business started about 4 years ago.

Growth/Expansion: A new owner can easily grow and expand this business by aggressively marketing the wholesales pizza distribution business.

Support/Training: The seller will provide transitional training and support, plus a covenant not-to-compete.

Reason Selling: The owner has personal reasons for selling the business.