Hi, seeming to have our location under control ( I must be confused) I am looking at a second location.
Delivery and take out only.
Existing non restaurant business for sale with 3 yr renewable lease in freestanding old building.
Has over 200 customers a day.
Building has unused 900 sq ft area that could be suitably reno’d for approx $15,000 plus equipment.
Within one block of elementary school.
Next nearest property zoned for pizza 3 miles away.
Within two mile radius over 400 new houses/condos being built.
Most within one mile.
One chain delivers to area. Little Caesars. Not an issue as I charge about four times as much.Wouldn’t feed that stuff to my pet.
Three independants deliver to area. Two try to compete on price. Different market.
Third actually used to produce a very similar product at same price point.
Now those of you that read the post "cooking pizza with a convection oven " good natured battle royale will not believe this next “factoid”, however, it’s true!
I visited this closest potential competitor before and after he changed ovens. The very helpfull employee told me that they recently had to change from a deck oven to the “new to them” 20 yr old conveyor as they were too bsy and could not keep up. It produces a nice pie if you like it wet and uncooked in the middle. He went on to say that they have got a lot of complaints since changing ovens.
Existing business would support full lease etc during reno.
Am I insane?
Would anybody pay me a finders fee to step aside? :lol:
What other info do I need to compute estimated gross businesss available?
Wild guess at $250,000 first year?
3 yr newbie… Clive