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ENLIGN Business Brokers
2009 Caminos Street, Raleigh, NC 27607
(919) 341-1100

2003-2011 © ENLIGN
All rights reserved.

QuickBooks Certified ProAdvisor

Pizza/Sub/Restaurant/Full Service Bar
(Alcohol Related, Bars ; Restaurants; Food Related)

Greensboro - North Carolina, Guilford

Seller Financing: No
Lender Pre-Qualified: Yes
Listing ID: PIZZA3
Status:

Listing Details

Listed Price: $595,000
Down Payment: $195,000
Total Sales: $865,322
SDE: $167,000
EBIT:
EBITDA:
FFE: Included? Yes
Real Estate: Included? No
Inventory: $15,000 Included? No
A/R: Included? No
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Contact Information
Patrick Baker
Enlign Business Brokers
2009 Aaminos Street
Raleigh 27607
Office: 919-780-9229
Cell: 919-780-9229
Fax:
Email: pbaker@enlign.com
Send Email To Agent
Reason for Sale: Other Business Opportunities.
Training: Owner will train for a limited amount of time.
Financing Terms: New SBA Financing Available to qualified buyer.

Operations

Year Established: 1977
Form of Ownership:
Home Based: No
Relocatable: No
Type of Location: Commercial
Absentee Owner: Yes
Online:
Employees: Full Time: 6 / Part Time: 12
Managers: 2
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info: None

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities: Great Pizza and Subs with a sit down restaurant, take-out food and separate full service bar with eating area. All equipment and furnishings are in excellent condition.

Summary

Business Description: Established pizza sub restaurant with full service bar.Restaurant is located on major commercial street with ample off street parking and is within walking distance to Carolina Theatre, Greensboro North Carolina University, Elliott University House and Greensboro City Hall.
Historical Summary: Pizza/sub restaurant was purchased in 2007 because of poor management. Since then the new owner has increased the sales every month because of his marketing and great management experience and is "Hands On" but does not have to be at the business on a daily basis.
Owner Qualifications: Previous restaurant experience and bar business experience with pizza and cuisine restaurants.
Competition: Quality of food and excellent service is above current competition.
Potential Growth: The income can be increased with some direct marketing,creation of a new web site and coupon mailings.
Risk factors: