Recent content by VaPizzaMan

Hello I read these posts all the time and they are informative and helpful. My wife and I put a contract offer on a pizza shop doing $202000 yr with a stated cash flow of $29000. Among other things the offer was contingent on getting a new acceptable lease and studying the financials. The...

We just moved one about 10 days ago with a Uhaul. I’m guessing this is about similar height to the back of a pickup. We needed five guys - 4 on each of the corners and 1 in the back because it is very top heavy. We were able to lift and slide onto the back of the Uhaul without any problems...

Without seeing their books and $600k+ I guess a fair asking price would be between $275k and $375K. VaPizzaMan

Just an update. I met today with the agent for the seller. And he absolutely refused to budge of the 60% to 70% value of the store base on $600,000 sales. He said he wouldn’t take a dollar less than $360,000. Needless to say, it was a short meeting and told the agent to call when they were...

For the last 3yrs we’ve used a Doyon 60qt mixer with no problems. We bought it new. They are priced considerably less than the Hobart’s and are out of Quebec. VaPizzaMan

What we have right now is a letter of intent with the Seller. We have not signed it yet because of the stipulation I wrote about above that the sales price for the store be based on 60% to 70% of sales over the last 12 month period, not including the month the sale takes place. I had not heard...

Hello All I’ve read these forums for quite some time and they have been very informative for me. This, however, is my first post and I need some advise. I have been a pizza man going on 18yrs now both as a GM for one of the big three, manager of a small Mom/Pop and most recently as owner of my...