Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$160,000	Inventory	$3,000*
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	2007
FF&E	$50,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This highly efficient take-out Italian Pizzeria offers a variety of specialities including pizza, wings, panini sandwiches on homemade Italian rolls, strombolis, calzones, and other dishes. There is no eat in area, which minimizes the number of employees needed to run the operation. Most of the business is done at lunchtime and evenings, starting with the dinner hour at around 4:00 PM. The store opened for business on October 15, 2007. As of March 19, 2008 (approx. 5 months of operation) sales have averaged around $1000 a day with very good profitability. It is definitely in early growth mode. Bank financing may be an issue because of lack of business history. The current lease is for one year, expiring on 5/13/08, at $800 per month. There is an option to renew for for 3 years at the same rate. The asking price is $160,000 including the trade name and recipes which are licensed. Approx. $50,000 worth of fixtures and equipment and $3000 of product inventory. This price is supported by physical assets and very strong discretionary cash flow.

Facilities: This business operates in a 1000 sq. ft. retail space in the middle of a busy downtown plaza. The downtown area is surrounded by residential housing to the North, East, and West and by commercial and industrial areas just to the South. Parking space is ample at the plaza, with access to three streets.

Reason Selling: Owner would like to retire.