***PENDING SALE***
High Volume Pizza Chain Restaurant; Greater Baltimore, MD Area
Asking Price:$450,000
Cash Flow:$150,000
Gross Revenue:$900,000
EBITDA:$150,000
Established:2017
Business Description
Get your slice of the $46 Billion Pizza Pie!
High Volume Pizza Chain Restaurant; Greater Baltimore, MD Area
$450,000
Deal Recap:
2023 Gross Revenue: $852,000
2024 Proj. Revenue: $900,000
Purchase Price: $450,000
Cash Flow: $150,000+
High Volume Pizza Chain Restaurant; Greater Baltimore, MD Area
Established Clientele
7 Years in Business
Long term lease
Buy an established restaurant with existing clients for $48,000 down!*
*(To qualify for 10% down you must have 10% post closing reserves, total 20%)
Cost to open a NEW Chain Pizza restaurant is $350k, minimum. Then you have to lose money for years to build up clients.
Entrepreneur seeking to find a well paying career.
Restaurant experience a plus, but not required
High Volume Pizza Chain Restaurant for sale $450,000. Currently grossing $900,000 and Nets $150k+ per year as an owner of the business. Includes 13 employees, including a Manager and Shift Supervisor, in place willing to transfer with the business. This business operates in Greater Baltimore, MD Area and currently has 13 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 $450,000
Equity Investment: $ 48,000
SBA Loan: $ 402,000
Working Capital: $ 0
SBA Guarantee Fee: $ 12,060
Closing Costs: $ 15,000
Total SBA Loan: $ 429,060
Monthly SBA Loan Debt Service: $ 5,969
Cash flow: $ 150,000
Annual Seller Loan debt service: $ 71,632
Cash Flow Net of Debt Service: $ 78,368
Cash on Cash Return: 163.27%
You may complete the NDA now using the link below. Please provide the first page of your bank or brokerage statement, or online snapshot (with account number redacted), showing at least $48,000 down payment as your Proof of Funds.
Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.
Contact Darin Jerger for details on all of our Premier Listings.
Darin Jerger
949-793-2999