I had this posted on pizza making and got some great information. Thought I also post it here. I am considering purchasing a shop that it for sale and would love to get some input from experienced folks here. Reported revenues for the biz are $800,000+/yr Cogs are 40% - $300,000 Wages(including owner/mangers) are about $300,000 rent is about 30000/year owner claims there is additional 40% revenues as unreported cash, bringing the total revenue to 1.35 million and if you include that, he claims the net income to be $600k+ Factoring in this unreported cash, would bring the food cost down to 25% of revenues from 40% There are 2 owners, who probably split between morning and night shift and they run a very hands on operation Asking price is close to 600k The owners purchased this from another person 3 years back. The reason given for the sale, is that the owners (husband and wife) are exausted and barely get to see each other cause of the splitting of shifts and feel they have made enough to cash out. I have been to the shop. It appears busy and popular in the neighborhood What do you guys make of this opportunity? Thank you very much in advance!