Extremely Profitable Pizza & Wings Business
Financial Information
- Asking Price: CAD $725,000
- Gross Revenue: CAD $1,500,000
- Cash Flow: CAD $342,000
- Down Payment: 0
- FF&E (Included): $250,000
- Inventory: $25,000
- Financing: No
Business Location
- Confidential
- Ontario
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!
Reason For Sale
Absentee Owner wishes to pursue new business venture.- Home Based: No
- Year Established: 2006
- Franchise: No
- Year Acquired: 2017
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: 12
- Part time Employees: 5
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Monthly Rent: N/A