Asking Price: $148,000

Gross Revenue: $305,682

Inventory: $46,995 (Included in Asking Price)

FF&E: $3,000 (Included in Asking Price)

Real Estate: $250,000 (Not Included in Asking Price)

Seller Financing: The owner is willing to finanace with 50% down for 3-5 years at 8%

The Company has been serving freshly made sandwiches, salads, and pizzas for 20 years. The Company caters to the local students and residents as well as the businesses in the area at its location in Uptown New Orleans. In addition to serving sandwiches, salads, and pizzas the company also features spicy wings, specialty pasta dinners and desserts. The Company currently offers delivery service within a five mile radius of its Uptown New Orleans location and catering services throughout the city. The Company has great food, service, and a loyal client following.

Year Established: 1987

Employees: 12 part time

Facilities: The building is in good condition and consists of one level totaling approximately 1700 square feet. The real estate is available for sale at a price of $250,000.

Market Outlook and Competition: The Company currently has no major competition. There are two other fresh ingredient style pizzeria businesses in the Uptown area. They are Papa John’s and Reginelli’s; none of which are located close enough to the Company to pose any serious competitive threat. The Company’s geographic competitors consist of fast food and other quick stop restaurants frequented by students and local residents. THE COMPANY’S STRENGTHS: 1. Great food/distinctive menu for over 20 years 2. Great location 3. Return clients THE COMPANY’S AREAS FOR IMPROVEMENT: 1. Presently, no advertising dollars are spent to market the business 2. No officially established relationship exists with the two college campuses in the area 3. The current delivery area could be expanded to increase sales

Management Training and Support: The owner is willing to train.

Reason For Selling: The owner would like to focus on other business ventures.