Local Pizzeria, Florida’s East Coast
Asking Price: | $375,000 |
Gross Revenue: | $550,000 |
EBITDA: | $125,000 |
Established Year: | 2009 |
Cash Flow: | $125,000 |
Inventory: | $10,000 |
FF&E: | $80,000 |
Entrepreneur seeking a well-oiled business with an existing clientele
Local Pizzeria, Florida’s East Coast; St. Lucie County, Florida
$375,000
Get your slice of the $46 Billion/year Pizza Industry!
Deal Recap:
Gross Revenue: $550,000 +
Purchase Price: $375,000
Cash Flow: $125,000+
Down Payment: $39k
Local Pizzeria; St. Lucie County, Florida
Established Clientele
15+ years in business!
Long term lease
Buy an established restaurant with existing clients for $39,000 down!*
*(To qualify for 10% down you must have 10% post closing reserves, total 20%)
Cost to open a NEW Pizza restaurant is about $350k and this doesn’t include extra costs that comes with growing pains.
The Perfect Buyer:
Motivated person living in Florida or looking to relocate to, Florida’s Treasure Coast.
Entrepreneur seeking a well-oiled business with an existing clientele
Online ordering system for pick-up or delivery in place.
Employees, in place.
Restaurant experience is good, but not required. 30 days Seller training included in offering.
Owner operated Local Pizza Chain Restaurant for sale $375,000. Currently grossing $550,000 and Nets $125k+ per year as an owner of the business. Includes 5 employees in place willing to transfer with the business. This business operates in St. Lucie County, Florida Area and currently has 5 employees. The seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. Great Opportunity at a Great Price!
Financing: SBA financing IS available for this transaction up to 90%.
*To qualify for 10% down you must have 10% post closing reserves, total 20%
What Does Financing do for you:
Purchase Example:
Minimum 10% down, 11.50% interest, 10 year Amortization
Purchase Price $375,000
Equity Investment: $ 38,500
SBA Loan: $ 336,500
Working Capital: $ 0
SBA Guarantee Fee: $ 10,095
Closing Costs: $ 5,000
Total SBA Loan: $ 351,595
Monthly SBA Loan Debt Service: $ 4,943
Cash flow: $ 125,000+
Annual SBA Loan debt service: $ 59,319
Cash Flow Net of Debt Service: $ 65,681
Cash on Cash Return: 170.60%
Please complete the attached NDA now and email to info@AegisInvest.com, along with the first page of your bank or brokerage statement, or online snapshot (with account number redacted), showing at least $39,000 down payment as your Proof of Funds.
OR
COPY & PASTE link below to your Web Browser address bar to Digitally sign the NDA and show proof of funds through RightSignature.
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Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.
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