SOLD ...Highly Successful Franchise Restaurant In San Bernardino!
Listing: #LA04377About this Business for sale in San Bernardino County
SOLD ...Highly Successful Franchise Restaurant In San Bernardino!Established and owned by the same owner since 2005, this pizza franchise restaurant is located in one of the busiest popular shopping centers in the San Bernardino County area, with high foot traffic and major anchor tenants. Owner has owned the business for 13 years and unfortunately has to sell due to major health issues and retire. Business is currently run on an absentee basis with 2 full time & 10 part time employees, with 2017 Absentee Sales at $600,000 and Seller’s Discretionary Earnings (SDE) of $75,000 based on 1 full time owner operator. Business has potential for sales increase with owner operator, TLC, aggressive marketing efforts, catering opportunities, and delivery services which current owner has not adequately tapped into. Lucrative, profitable turnkey operation, perfect opportunity for someone who likes simple franchise operation and for those seeking E2-Visa opportunities.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.