ilnjscb

The Rochard empire is expanding! Soon we will all be working for the honorary Canadian and all around good guy Rochard! All kidding aside, best wishes with your venture

slapass

As a consumer, pizza will always be there. As a business person, I would not invest in any pizza business if it requires delivery for the numbers to work. I bet they are off 20% and growing in major downtowns.

kane

https://www.statista.com/statistics/...taurant-sales/

This seems to think pizza sales are actually up.

I don't doubt that some of the big chains may be losing sales but overall, pizza sales don't seem to be going down. I still think the big guys will eventually devour the competition.

Millenials have an aversion to big chain stores. They are changing the retail landscape as they get older and start earning and spending money.

baddog

The ABC frowns on people brewing beer and selling it without a license. I will be the first to admit I do not have enough in liquid assets to open or buy a brewery.

Besides, I like drinking different beers all the time; brewery owners don't typically get a lot of time to drink other people's beers.

femdomdestiny

Sounds like a good place for the future webmaster meetings. Just got my pizza for the dinner

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HairyChick

A friend is a few towns over. He owned a pizza parlor, as he calls it, with a friend. Free delivery with $10 order and pizza was $8 then. Gas went up to $4+/gal and he still kept free delivery. He lost quite a bit in a month and went to $5 delivery, minimum order $25. He closed in March.

He said his losses
Pizza $4 to make, $8 price
Toppings .50 to make, $1 price
$4-$8 depending on area within 15 miles

Two pizzas delivered North cost them $16. Customer pays $16. Employee pay is a loss. Toppings earn almost nothing if employees have to chop, cut, slice or shred. Nothing earned on most overhead other than electric.

With. a delivery charge, three one-topping pizzas cost him $13.50, gas is up to $8, employee time is $15. Customer pays $$32 . Store loses $4.50. They upsell tonic err soda at $2.50/two liter so they make $2.25 on total order.

He tried no delivery but the area wasn?t great and people didn?t drive there. The handful of walk-ins made him a little but not enough. He had ?authentic? Italian pizza in an ethnic neighborhood (Portuguese). No linguica or chourizo ? cha-rees ? and boom. The location is still vacant.

Being just an investor is good IF you have a say in how it?s run. Great food, great appetizers, great atmosphere, kid friendly, date friendly, senior discounts and great parking are a must. Check the local competition, too, for coupons, specials, web deals, and visibility.

Good luck!

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kane

When or where was this? $8 for a pizza seems really low.

Last night my GF picked up a pizza at what we consider the best place in town (their prices are comparable to the other places in town) and it was $22. Nothing special just sausage, pepperoni, mushrooms, and olives. If we would have had it delivered it would have been $3 more.

BaldBastard

Take a slice of perfect tomato, layer it with a slice of perfect buffalo cheese and drizzle on some pesto oil.

Put it on a plate and its a $10 entree, put it on a bigger plate and its a $15 dollar entrée

Put it on a pizza base.. well its a $6 buck pizza.

^^

Heres an idea that was tested in Aus, I don't know if its being done in the usa

Pizza affiliate program, allow members to design and market their own pizzas. The people making the money design a pizza for like sports games, and the likes.. Hillary Pizza, Trump pizza etc.

https://www.pizzamogul.com.au/

and read this

Meet the pizza-preneur who made $50,000 in four months

Rochard

Fair enough!

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JFK

Richard, as tempting as it may sound.......... DON'T DO IT

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sonofsam

You don't have enough in liquid assets to splurge for 3 ply toilet paper.

Start selling your sig and double your net worth in a month. You're welcome.

Edit: Someone quote me because BrokeDogg has me on ignore

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InfoGuy

Rather be out doing deliveries, huh?

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Steve Rupe

I would advise against it for multiple reasons.

Steve Rupe

More whining from this little piss ant.

Speigelau

Mustang Pizzeria

20% discount for all Marines

Mr Pheer

Does anybody else think that maybe Rochard lost his job at Ynot and already has a job as the pizza guy, and is just establishing a backstory for when someone finds out?

Remember, I called it about 2 months before he announced he was leaving Dating whatever... that place he worked before ynot.

imabro

How do we make sure he comes back to this thread

The Porn Nerd

Fine but whatever you do, no Hawaiian!

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MrMaxwell

That's a rough ass business and why does this guy own all of this and that and he needs a cash partner for this then if he is good at running shit he'd buy it himself, I'd say. Now if his position is hey I have enough on my plate so come in on this with me, hey, that's fine.. you know ... I'd want to see some information and be sure that his other businesses are healthy
He balk at that probably but look it I don't need your charge card number and life history or the blood of the guts just show me these other ventures ain't bleeding to death, get me

You're getting into one HELL of a rough but potentially profitable business that's for sure. Don't forget how much shit is changing with on demand deliveries of all kinds of things lately.. especially food
I wouldn't count on whatever numbers end up in front of you, istorical or projections or anything.

You seem like a good guy I hope it goes well for someone like you
Do we disagree on politics? If so that sucks. Still, good luck on this.

MrMaxwell

Why the hell would BadDog not have liquid cash? You sound like a doofus I'd expect someone like him to have something is what I'd say

MrMaxwell

You're not much of a sample size but I understand what you're saying here and it's a valid point
Pizza delivery isn't quite bleeding to death at the rate newspaper subscription is though

MrMaxwell

Why are there so many hatred people on here today? I wouldn't believe Rochard would be on here making things up for no reason

MrMaxwell

Not me I ain't working for nobody unless I make my own hours and am obscenely excessively overpaid

MrMaxwell

This all depends on how much cheese you put on there and or lack for a word of what passes for cheese these days

MrMaxwell

You should post more often.
I love your posting

MrMaxwell

If you've got a big following and a herd of people in the town who will do business with you it sounds really good
Get some big accounts get some employers to have a pizza day for their employees sell as many drinks and bullshit items as possible like pizza hut sells four drinks five bucks or whatever it is offer other cross sell shit like cookies and etc do some sponsorships for some causes do some giveaways put a flying airman out in front get good signage charge local businesses for receipt and pizza box advertising etc etc etc
Ka Ching then

sonofsam

Your post history reads like a fake nick of baddogs. All political posts and a post about CA.

Not one single business post/thread. You've been here since 2016 but apparently remember me.

Sup baddog? How being broke treating you?

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sonofsam

Maybe because he literally said in this thread he can't afford it?

All his net worth is probably equity in his trailer.

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Bladewire

^^^ Truth

ilnjscb

Me either - these are the jokes my friend

CaptainHowdy

Where is GFY's pizza authority RandyRandy??

Dead

Are revenues stable or growing over the past 5 years?
Is net income stable or growing over the past 5 years?
If sales or net income have not been stable or growing; what is the reason? Can the slide in revenues/profits be corrected by you as the new owner? If not, then you should probably pass on the deal.
There should be low capital requirements or capital expenses (example: no new equipment needed; facilities adequate for operations and no other costly improvements or investment needed in order to operate the business). If it requires putting a lot more capital into it ... you may want to pass on this deal.
How is the business affected by local changes in the economy?
Will the next five years be different if there are changes in the local economy?
Are any key management or employee positions occupied by members of the family or close personal friends of the owner that you will have to fill as the new owner? This may or may not develop into personnel problems once you are the owner. Fore-warned is fore-armed.
What are the current practices and procedures for hiring, firing, advancement, and promotion? Do they conform to local, state, and federal regulations? If they do not then this is a negative. Make sure that you don't inherit any problems.

There are literally dozens (hundreds) more due diligence questions that should be asked as part of your evaluation of the business. You might want to visit your library to find books on how to buy a business or visit a local book store and buy a book that covers that topic. Educating your self is part of preparing to make a good deal and not do a bad deal that you will regret later on. Or search online for "help buying a business" or "business due diligence" will probably come up with additional information that might be of help to you.

Good luck with your acquisition plans; let us know if you have other specific questions and how this progresses for you.

https://smallbusinessonlinecommunity...om/thread/5662

MrMaxwell

That all sounds like good advice and good questions and I still wouldn't trust the normal conventional fundamentals people look at when we're talking about a transitional business

Steve Rupe

You are a liar about my posts but this is not uncommon for a known liar. I originally signed up within weeks of this board being put on line. With drew in short order as an active member as I was to busy to fuck around on a board but continued to view it from time to time. You made such an ass out of yourself that it would be difficult to have missed you posts, so yes I remember you. Your intelligence level has not risen in the least, still a whining piss ant and dumb ass.

money biz

My friend owned a pizza place and one of his drivers got mugged with a bat and sued him for $50k and won. Luckily Papa Johns wanted his lease and gave him a nice check for his space.

CaptainHowdy

Fuck ...

Busty2

There are tons of costs involved in opening or reopening a restaurant in California, and probably a ton more since i left 7 years ago. On top of rent or mortgage payments you have staff, workers comp insurance, building insurance, 3rd party insurance. Health inspectors costs, to get you a bull shit A rating ( used to be $500 a year but probably way more now?)

Grease traps. Electrical costs which are huge and ran me an average of $1200 a month per store. Each line cook or chef
(in fact anyone that handles food) has to have a food handling license. You pay for that.

And the real fucker is an ABC license. For just one of my restaurants in Mission Beach ( probably has more ABC licenses per square mile than any other area in Cali) where i wanted to sell 500 different beers, took a petition to 2500 local residents hand delivered and 3 years of written requests, even a personal request to Arnold Schwarzenegger, which finally paid off. This cost to me $40,000 in total. A hard liquor licenses used to change hands for anywhere up to $150,000 with no guarantee the ABC would allow the transfer.

Its a great dream owning a restaurant burger joint or bar, but remember 60 percent close or change ownership in the first year of business. 80% fail within the first 5 years.
I wish you amazing luck

JFK

the realities of it all !

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RandyRandy

That formula would never work.

In NYC there are $1 slice places, so a whole pie is $8. But there is no delivery. And they only have stores in high volume areas. At that price point they use a fast food formula: 2.5% of walk-by traffic will make a purchase. It's purely a numbers game.

And you'll get killed if your food costs are 50%. That's more than what your cost of goods sold % should be - 40% is the top. That includes everything (condiments, napkins, paper plates, boxes, etc). Then you have labor and rent.

Last note: if you don't have these costs monitored and under control on a DAILY basis you will close. No room for error at those margins.

wehateporn

Not everything is about money, it is one dimensional thinking, Rochard is a people person, having a pizza parlour allows him to talk to people about stuff

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Mr Pheer

He should open a bar for old marines and hotrod guys. Maybe call it Hot Marine Rods or something. They can drink beer and talk about playing basketball and how many miles they biked that morning, and then work on an old truck and go to yard sales together.

PornDiscounts-V

Great way to make money passively

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DownThePoole

A childhood dream....

DBS.US

Check out this place in Florida, Capone's Coal Fired Pizza

There is a glass floor and you can see into the basement

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druid66

i don't know how it is in america but here in poland if you don't watch staff 24/7 they will steal from you when see opportunity. i've been in such business before - everyone steals, friends you consider closest - steal, normal employee - steal, basically EVERYONE steal but again, it is how it work here in poland.

i know i'm giving poland bad name here, but sorry it was my experience and i was kinda shocked cuz me personally i never steal from ppl.

i have no idea about your agreement with current owner but red lamp lighted in my head when you wrote this.

i would not do this but that's me.

all the best anyway!
D.

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NETbilling

Hit me up. I ran several pizza places previously and my family owned one as well. Also, I can help setup your POS system and setup your credit card processing cheaper than anywhere else.

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muthisdev

Want a third partner? Haha.

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Grapesoda

same here, best of luck Rochard