Icon-facebook-2 Icon-instagram-1 Linkedin Icon-youtube

Full Service Pizza Franchise in Excellent Location

Back to Listings
Complete NDA for Full Overview

Price: $359,000

Annual Revenue: $850,000

Minimum Equity Required: $150,000

SDE: $155,000

Location: Nova Scotia

Industry: Restaurants

Listing ID: 1345

Listing Status: New

Description

Location, Location, Location.....that's one of many things you'll be feeling good about when you acquire this long standing franchised pizza operation that has been a staple in this constantly growing community.

Are you ready to roll up your sleeves and get involved in the daily operations or are you seeking a business that has been run for over 15 years without ownership being involved in the daily operations?

Key highlights include:
- one of the best locations you could think of having when it comes to being in the centre of a diverse and growing market.
- town has been growing for many years and there is much more on the horizon
- longstanding location and always a new clientele to appeal to each year.
- has been priced to consider update requirements as per brand standards.
- reason for sale is other business interests.

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital (Inventory - payables) shall be adjusted at closing and is in addition to the asking price. By completing the NDA and becoming a qualified buyer, we are happy to send you a full Offering Memorandum that will answer most of your questions.

Financial Information

Fiscal Year End is January 30. Historical Annual Revenues and Seller's Discretionary Earnings:

2022
Revenue: $870,000
SDE: $155,000

2021
Revenue: $770,000
SDE: $160,000

2020
Revenue: $920,000
SDE: $165,000

2019
Revenue: $915,000
SDE: $160,000

Balance Sheet Items:
- Inventory averages less than $10k
- Company will be delivered free of debt, or as otherwise negotiated.

* Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
 
** Our expectations are for a minimum 35% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Real Estate

The business operates in a 2,548 sq. ft. leased space, with lease terms until May 2028 and an option to renew for a 5-year term subsequently. The current monthly basic rental is at $4,100 (per month plus applicable HST).

Town water and sewer

Many upgrades and updates over the years. PRIME location

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
Share with the world

Leave a Reply

Your email address will not be published. Required fields are marked *

Raising standards, achieving top results for sellers and buyers, turning goals into reality. We excel in buying and selling businesses, prioritizing top-notch client experiences, guided by solid values.

Important Links

Company

Legal

Business Hours:

Monday – Friday 

09:00 AM – 05:00 PM

 

Gateway Business Brokers’s Consumer Choice Award

Call Us

Mail Us

© 2023 Gateway Business Brokers. All Rights Reserved.

Icon-facebook-2 Icon-instagram-1 Linkedin Icon-youtube
Scroll to Top