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Fantastic Pizza Restaurant for sale in Houston, TX

Houston, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 230,000 $ 443,000 $ 84,000

Furniture and Fixtures Value:
$ 95,000 (included in the asking price)

Inventory Value:
$ 13,500 (included in the asking price)

Business Summary:
Great mom and pop pizza restaurant in south Houston. Owner asking $230,000 and will finance $100,000 with $130,000 down (firm) and 6% interest for the note payable in 7 years - or receive a huge discount for paying cash and sell price would be $205,000. Current manager on board can stay if new owner interested or new owner can work the business themselves.

 

   
Year Business was Established: 2016
   
Number of Employees: 1FT/6PT  
   
Facilities / Terms of Lease: 3 years and 10 months on lease remaining  
   
Potential Growth/Expansion: Growth plans include menu changes, direct mail advertising, add more social media outlets and sell retail pizza sauce using current recipe and produced inventory  
   
Competition: major chain franchise is about 1 mile away  
   
Owner willing to finance: Minimum down payment of $130,000 and owner carry back second of $100,000 at 6% interest for 7 years  
   
Owner willing to train: Will train for three weeks and manager will train as well.  
   
Reason for selling: Owner health issues and retirement  
   
Seller Reference Number: bm1267762305
BusinessMart.com Listing Number: 276014
 

 

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For more info contact:

19728903979
John V Paz

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