*PENDING SALE* High Volume Pizza Chain Restaurant; Baltimore, MD Area
Asking Price: | $450,000 |
Gross Revenue: | $900,000 |
EBITDA: | $150,000 |
Established Year: | 2018 |
Cash Flow: | $150,000 |
Inventory: | $15,000 |
FF&E: | $200,000 |
***PENDING SALE***
High Volume Pizza Chain Restaurant; Greater Baltimore, MD Area
$450,000
Get your slice of the $46 Billion Pizza Pie!
Deal Recap:
Gross 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 SBA Loan debt service: $ 71,632
Cash Flow Net of Debt Service: $ 78,368
Cash on Cash Return: 163.27%
Please complete the attached NDA now and email to info@AegisInvest.com, along with 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.
OR
COPY & PASTE link below to your Web Browser address bar to Digitally sign the NDA and show proof of funds through RightSignature.
https://secure.rightsignature.com/templates/33a39289-a1cd-4b71-b0a6-0f7034566ed3/template-signer-link/4876c9e03e955d3040c37b8d43606726
Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.
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