35K Price Reduction on Pizza Restaurant in Downtown Madison GA

Madison, GA (Morgan County)

35K Price Reduction on Pizza Restaurant in Downtown Madison GA
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Asking Price: $35,000

Cash Flow: N/A

Gross Revenue: $212,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $925 /Month

Established: 2012

35K Price Reduction on Pizza Restaurant in Downtown Madison GA

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Business Description

Seller Motivated to pass this mom and pop pizza restaurant on to a motivated buyer. Great turn-key opportunity to serve an awesome community and make a good living doing it. Located in beautiful downtown Madison, Ga., one block off the square, located right next to City Park.
The business is mostly carry out and deliveries but also has a dining room for those who like to dine in. We have excellent online reviews through Google and Yelp and a Facebook page that reaches a few thousand. We were rated Georgia's #1 pizza by USA Today College version. We have a steady and growing local customer base as well as visitors from all around. Yet there is still room for growth.
Our employees are knowledgeable and dependable.
Easy Business to learn. Free 2 weeks training.
Selling because of family commitments.
Will be happy to answer business and financial questions. Thanks for checking us out.
Text or call Anna Denham 770-597-6739 Email: fineedenham@yahoo.com

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
791
Lease Expiration:
6/30/2019
Employees:
4
Facilities:
The building is leased through June, 2019 with an option to continue. Buyer will have to be approved by landlord. Low rent of $925 per month and utilities of $500 per month. Rented space is 791 square feet. Equipment, furniture and customer base included in price. Could possibly relocate to larger facility, if desired.
Competition:
There are many large industrial companies to be marketed as well as local schools and businesses. There are also new neighborhoods being built that can be marketed. Pizza Hut, Marcos, Little Caesars located several miles away. Amici is located across the street. Amici doesn't seem to affect our business as they are primarily dine in and have a different atmosphere.
Growth & Expansion:
There is room for growth. Just needs to be marketed as I have not been doing. But we still maintain profitability. A nearby town has been begging us to bring our pizza place to them. Also, adding beer and wine to the menu may encourage growth.
Support & Training:
Two weeks free training provided. Can arrange for more training, if needed. Will provide a list of vendors I use.
Reason for Selling:
Selling because of family commitments.
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Business Listed By:
Anna Denham

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