Shumacher Sells OZ Pizza in 18-Days!

by Steven Josovitz

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The Shumacher Group, Inc. just sold in Oz Pizza located at 1851 Riverside Pkwy Suite 100, Douglasville, GA 30135 in 18-days from date of listing business. The Shumacher Group, Inc. and Steve Josovitz represented Seller in transaction. Buyer will be converted this well established multi-unit brand to a different name.

Seller Info:

Douglassville Georgia Pizzeria!

4367/sf.

Well established with same Owner from Day One.

$300,000 was spent on buildout including custom made wood booths, stained concrete floors, two pizza ovens, mixing machines, walk in box and serves a really simple menu of pizza by the pie or slice, pastas, salads, subs with the service of beer and wine.

Seating for 80 Guests

Outdoor seating for 56.

Monthly rent is $4367 all in but Seller states Landlord is willing to re-negotiate lesser rental terms and possibly offer concessions.

Lease expires December 2017 with five-year option to renew with more term available.

Sales in 2015 came in at $610,000 and broken even with 100% absentee Owner operator after paying GM almost $50,000, Assistant Manager and staff on only six days with no deliveries.

Sales includes full and loyal staff but excludes use of name, trademarks and recipes.

Priced at $115,000.

Previous Listing:

Newer Listing: