How do I sell an independent pizzeria?
Prepare by showing buyers where sales come from, writing down the dough and sauce, arranging for the phone number and ordering accounts to transfer, and keeping your drivers and kitchen team settled through the sale. A shop that runs on paper, not on you, is easier to hand over.
A pizzeria is a simple business to picture and a particular one to hand over. Buyers will want to know how it runs without you, and the answers sit in a few places: your sales records, your recipes, your accounts and your people. Start early by gathering the records buyers and their advisors will ask for.
Show where the sales come from
Keep your reports for walk-in, phone, website and delivery-app orders separate, and make sure they match your books. Buyers will check. Be ready to explain how app orders are paid out and what the apps keep. Clear reports let a buyer see the shop as it is, rather than guess.
Write down the dough and sauce
If the recipes live in your head, write them down with quantities and method, and record how prep is done day to day. Decide what you are willing to share before a buyer signs and what you will share after. The recipes and your training of the new owner will likely be part of the agreement.
Plan the handover of accounts and the phone number
List the phone number, website, ordering pages, social accounts and delivery-app stores, and find out how each one transfers. Customers reach the shop through them, so a buyer will ask. Note which equipment is owned and which is leased, because the ovens will matter to every serious buyer.
Keep your team through the sale
Drivers and the kitchen team are part of what a buyer is looking at. Decide when and how to tell them, and ask your lawyer how their employment will carry over. For the wider process, see the guide to selling a restaurant in Canada.
Related reading
15 pages on the same subject, grouped by topic.
Selling
- GuideHow do I sell my cafe?
- GuideSelling a coffee shop in Canada
- GuideSelling a café or coffee shop in Canada
- GuideSelling a retail bakery in Canada
- GuideSelling a butcher shop in Canada
- GuideSelling a food truck in Canada
- Expert answerCan an online calculator tell me what my restaurant is worth?
- Expert answerShould I use a broker to sell my bar?
- Expert answerCan I keep using my recipes after I sell my restaurant?
- Expert answerWhere should I list my laundromat for sale?
Buying
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
- 02Business Development Bank of CanadaGovernmentHow to Find the Right Buyer for Your Business
- 03Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 04Canadian Intellectual Property OfficeGovernmentTrade secrets
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