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Sorry I missed this message, Rob. I agree team is critical. I see about 4 - 5 people per shift. There probably are 2 shifts. One between 11 AM - 8PM and 8PM to 2 AM. But I dont know how long the staff has been there, or if it is a revolving door. The owner only manages the cash and the front...

The reason is the the shop appears to have a good product, good sales and profit margins. The downside is that owners are there ALL the time, they have no team (revolving door of workers), no POS etc. I dont want to be super hands on being at the shop 12 hrs a day. Also I figured if I hire a...

I am not from the food or pizza industry… can you please clarify why it is hard to have a manager?

A bit of everything at play here … the area, my paranoia, the owners wanting to sell after just 3 yrs of owning shop, even though shop appears doing well. Apparently the owners are tired of working… but wouldnt it be easy to get a manager? May be I am over thinking…

durbancic: I wasnt speaking about robbery, but about attracting gangsters who would want/coerce you into using your pizza business to launder their dirty money etc, considering high number of cash transactions at your business.

durbancic: may be I watched too many mafia movies. But with such high cash business, do you think you attract any gangssters, criminals or any negative company? With this biz that I am evaluating, that is one of my concerns…

Joe: This is for sale through a business broker not directly by the owner. Also, this is pizza by sllice business. durbancic: do you run pizza by slice or whole pizza? Thanks for the input guys.

Yup I agree RobT. I can only pay for what is reported, tracked. I read about fool’s tax some place else too on these forums. What are some other things to watch out for?

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...