Extremely Profitable Pizza & Wings Business

Listing ID:
GUELPON001-N157

Confidential, Ontario, Canada

Limited-Service Restaurants

Listing Status: Active

Sunbelt of Guelph, Kitchener, Waterloo, Brampton

Phone: (519) 208-7020
Fax: 1 (866) 643-3154

The following broker is assigned to this listing:

Jack Elias

jack.elias@sunbeltcanada.com

Description

Here is your opportunity to own and extremely profitable Pizza and Wings business. The business is located the fast growing, southwestern Ontario city. The owner works approximately four hours a week in the business, owner currently takes a min of 4 weeks of holidays each year and the business is run by its general manager and loyal employees the rest of the time. The equipment is all “top of the line” and relatively new. It has been in operation for over 14 years and the owner is looking to focus more attention on her other businesses at this time. This is a great opportunity for an ambitious entrepreneur to take over a business with revenues at approximately $1.5-1.8M and profits between $300K-400K annually. Residential customers make up approximately 80% of the revenues while commercial businesses make up the remaining 20%. The business has had consecutive years of rapid growth and a loyal staff of employees to support it. The product is simply amazing and enjoys low competition given a competitive market and industry they operate in. This business also would make the basis of a great platform to franchise from as well. There are plenty of other ways to cost-effectively grow this business or simply sit back and enjoy the profits it’s already spinning off. DON’T MISS THIS AMAZING OPPORTUNITY!

Financials

Asking Price:$725,000
Revenue:$1,500,000
Cash Flow:$342,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$200,000 (Included in Asking Price)
Inventory Asking Price:$25,000 (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2006
Year Acquired:2017
Full-Time Employees:12
Part-Time Employees:5
Reason For Sale:Absentee Owner wishes to pursue new business venture.