Active
Pizza Franchise
Here is your chance to own an established, high volume, franchised Pizza Restaurant located on a busy highway in a major shopping center in Polk County. Excellent lease in place. Seats 140. Great records. Currently there is a GM in place. Financials reflect owner / operator running the business. Business has an assumable SBA loan for a qualified buyer. Great Opportunity.
Listed By: Paul McNally
Background information
Reference:
4162-05063
Year established:
26
Reason selling:
Seller has other interests
Finance
Sales:
$930,812
Profits:
$69,325
Profit type:
Discretionary Earnings
Operations
Employees:
7 full time, 12 part time
Equipment:
Restaurant is attractive and all equipment is well maintained and in great condition.
Inventory:
$8,000. included in purchase price
Premises
Facility:
Located in a major Shopping Plaza anchored by a major retailer. Plaza is on a busy highway. Restaurant is attractive and all equipment is well maintained and in great condition.
Square footage:
3700
Rent and lease terms:
$9,043 per month. Lease has 2 five year options left on it.
Location:
Polk County. Located in a major Shopping Plaza anchored by a major retailer. Plaza is on a busy highway.
Opportunities
Growth:
An owner with new energy and some innovative marketing can grow this business.
Market:
This Pizza Restaurant is located in the midst of many neighborhoods. There is lots of opportunity because of the dense population in the immediate area. The Shopping Plaza that the restaurant is located is a huge draw for its customers.
Price and terms
Price:
$159,000
Down payment:
$159,000
Financing:
Business has an assumable SBA loan at an attractive interest rate for a qualified buyer
Training:
Seller will work 2 weeks with buyer at no cost for training and transition.