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Pizzeria for Sale - Must See!
Port Hope, Ontario
Food & Beverage - Restaurants
Asking Price $59,000 Inventory Not Disclosed 
Revenue $123,000 Real Estate Not Disclosed 
Cash Flow $80,000 Year Established 2002
FF&E $48,000 Employees 4
> Glossary of Financial Terms

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Independent Pizzeria, established in business strip mall with Tim Hortons and Giant Tiger. This is a turn-key operation with lots of upgrades.
Facilities and Assets: The equipment has been upgraded. In November we added a PS360 Middleby Marshall Conveyor Oven and a Stainless Steel Beverage Air cooler. the store is 950 sq ft. There is 4 years left on the 5 year renewed lease. The total payment including TMI and taxes is $1419.00 monthly. Hydro and Gas $200 monthly. Store is located in a large strip mall with plenty of parking.
Market and Competition: Port Hope has a population of 18,000 and 5 minutes east is Cobourg with an additional 22,000 population and growing. We currently hold a purchase order with the town's largest employer, Cameco, a hydro supplier. We have had $18,000 from this client for the past year alone. We have very little competition in this town. A PizzaPizza on the north end, 1 restaurant (eat in) and also an independent pizza takeout in Town.
Growth and Expansion: Several areas of new sub divisions within last 2 years not yet touched by us.4 schools in district not yet secured by our store. We are located south of the main town and no competition in this area. We are the only store out of the 3 that sells individual slices.
Financing: up to $15,000 of asking price
Support/Training: Will supply recipe for speciality pizzas, dough, and lend support in training for one week to new purchaser.
Reason Selling: owner returning to University in fall 2012

Business listed by:
R. Vachon

AD # 101987
The information in this listing has been provided by the business seller or representative stated above. Kazooga has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read Kazooga's Terms & Conditions before responding to any ad.
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Business listed by:
R. Vachon

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