Well folks,
It has been a long time. We have been in business 12 1/2 years but our other retail business and my business brokerage, appraisal, and leasing work are gobbling up the calendar and it is time for a change.
I was trying to sell the business three and four years ago before the darn economy went south. Things are significantly better now it has been 18 months since the turn. In particular, the last 10 months show a steep upward trend with monthly comp increases between 20 and 45%. Our 365 day rolling comparable is now up 25% and we are entering the best 150 day period of the year.
My manager has been making some noises about buying the business but so far has taken no concrete steps. I have decided to actively seek a buyer for the business and, if the buyer is interested, the real estate. We are fortunate enough to own our location.
So… If you know anyone that is just dying to own a pizza business in a Colorado ski town: tell them how to find me. In the meantime, wish me the best.
It has been a long time. We have been in business 12 1/2 years but our other retail business and my business brokerage, appraisal, and leasing work are gobbling up the calendar and it is time for a change.
I was trying to sell the business three and four years ago before the darn economy went south. Things are significantly better now it has been 18 months since the turn. In particular, the last 10 months show a steep upward trend with monthly comp increases between 20 and 45%. Our 365 day rolling comparable is now up 25% and we are entering the best 150 day period of the year.
My manager has been making some noises about buying the business but so far has taken no concrete steps. I have decided to actively seek a buyer for the business and, if the buyer is interested, the real estate. We are fortunate enough to own our location.
So… If you know anyone that is just dying to own a pizza business in a Colorado ski town: tell them how to find me. In the meantime, wish me the best.
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