Franchise Pizzeria-Well Established!

File# C2450
Location: Clinton Twp.
Business Price: $140,000
Down Payment: $70,000
Monthly Payment:$1,353.30
Interest Rate: 6%
Amortization Period:60 months
Gross Sales: $490,368
Source: 2017 Tax Return
Cash Flow: $48,899
Source: 2017 Tax Return
Inventory: $4,000
Days Open: 7 days
Business Hours: Mon-Th 10-11, Fri 10-12, Sat 11-12, Sun 12-11
Seats: NA
Parking: ample
Licences Required:Franchise/Sales Tax
Year Established:2013
Year Acquired: 2018
Monthly Rent:1,966.88

Profile:

This is a great opportunity to own a well established, successful franchise pizzeria in a nice, busy area. The current owners purchased the business less than one year ago and are now relocating to California. The sales for the full year of 2017 were nearly $500,000.00. A new owner operator can do even better than the current owners with a solid marketing program in place. Also, expanding the catering marketing program and catering business will definitely increase sales dramatically. Currently there are nearly 5000 stores in the chain. This franchise has a great product, strong brand recognition, and a strong corporate foundation in the pizza business. Transfer training fees for corporate are $4000.00. Training is 2 to 3 weeks in Kentucky. Currently royalty fees are 5% of sales which includes advertising. There are 9 years left on the current owners franchise agreement. This particular location is strictly carry-out and delivery with no seating or inside dining. Don’t miss out on this great opportunity! Priced to sell, owner motivated, won’t last long. Call today to schedule a tour and purchase this great pizzeria opportunity.

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.